Montgomery, AL – The Alabama Supreme Court has put a hold on the settlement in litigation over Alabama's financially troubled Prepaid Affordable College Tuition plan.
A few parents had objected to the settlement reached in Montgomery County Circuit Court. The settlement called for the PACT plan to continue, but for tuition to be paid at the fall 2010 rates instead of current rates.
The Supreme Court issued a stay Nov. 18 at the request of one of the parents who objected. State Treasurer Young Boozer, who administers PACT, says the PACT board has asked the Supreme Court for guidance about what it should do while the settlement is on hold.
An attorney representing one group of parents who supported the settlement, Doyle Fuller, said the Supreme Court has agreed to expedite the case.
(Copyright 2011 by The Associated Press. All Rights Reserved.)