State actuary reports on health of prepaid college tuition program

Even after raising prices by the biggest amount in its history, the state's prepaid college tuition program remains popular enough with parents to put it "roughly on track" to be fully funded in 17 years, state risk analysts said Thursday.

But that future could be derailed if state universities take advantage of legislation that allows them to set different tuition rates for different programs, said Troy Dempsey, an actuary, or risk analyst, with the Office of the State Actuary.