Most Active Stories
- First Student To Graduate In May From College To Career Experience Program
- Kentucky Film Tax Incentive Program Draws Production Company to Murray
- Against Residents’ Wishes 250-Year-Old Burr Oak Tree Cut Down On Lake Barkley Bridge Easement
- GOP Gubernatorial Candidates Attack Jack Conway For Not Defending Gay Marriage Ban
- Congressman Whitfield Calls House Ethics Allegations "Absurd"
Tue October 2, 2012
College Illinois Savings Program Resumes
An Illinois college savings program that stopped taking applicants last year is back in business with a new management team. College Illinois allows parents to lock in a price for their children’s future tuition and save money to pay it.
The state-run program has tax advantages as well. College Illinois stopped accepting applicants late last year because auditors found top officials had conflicts of interest and administrative costs had risen significantly. Governor Pat Quinn brought in a new management team, and the General Assembly passed a law requiring more transparency about investment decisions.