Dive Brief:
- The cost of Florida's prepaid university program — meant to cushion the blow of university tuition — has soared, leading state officials to direct some families toward cheaper community college plans.
- Enrolling a newborn in a prepaid university plan costs $350 a month over more than 18 years; prepaying for four years at a community college costs about a third of that.
- Many of Florida's community colleges offer bachelor's degrees and many more are expected to.
Dive Insight:
It's unfortunate that a device meant to make four-year universities more affordable has now been priced out of the reach of many parents. While the community college option is a backup for now, what happens when that backup also starts to look too expensive?
