Tuesday, October 6, 2009

This is worrisome

But not surprising given the state of our economy. At least the article points out that the fund our kids are invested in, the Florida Prepaid Fund, is not currently running an actuarial deficit. It is only one of two state funds that is not, the other being Colorado, but the article warns that rising tuition rates at Florida's universities will soon outpace the return the fund has traditionally been getting from its primarily fixed income investments.

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