ERIC Number: ED305850
Record Type: Non-Journal
Publication Date: 1988-Jul
Pages: 18
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
1988 Survey of College Savings and Tuition Futures Plans.
McGuinness, Aims C., Jr.; Afton, Jennifer
A brief summary is presented of the 1988 surveys of states regarding the legislative implementation of savings plans (mostly state and local tax-free bonds) and guaranteed tuition plans as methods of advance payment for college. The 10 states that have passed savings bills are listed, three of which (Illinois, North Carolina and North Dakota) have implemented their plans, and the 8 states that have passed guaranteed tuition bills are listed. A brief summary of the Internal Revenue Service (IRS) ruling on the Michigan Education Trust is given. The status of the other states is also briefly summarized. The bulk of the report is a table giving the following summary information, where available, for each state: interest level (high, medium-high, medium, low-medium, and low); status; implementation; type of plan (savings, guaranteed tuition, and other); IRS status; and description or comments. (KM)
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Education Commission of the States, Denver, CO.
Grant or Contract Numbers: N/A
Author Affiliations: N/A