Strickland and lawmakers should have made an effort to ensure that families were given a chance to find other ways to increase their earnings, Stone said.
Families can still move their money into any of the state's other savings plans, which rise in value based on market performance rather than tuition costs, Williams said. The state offers index funds or portfolios managed by Putnam Investments, The Vanguard Group and Fifth Third Bank.
But once investors take money out of the Guaranteed Savings
Fund, they can't return to the plan.
Eric Fingerhut, state chancellor for higher education,
said the two-year tuition freeze will benefit about 380,000 undergraduate
students at public universities.
- Associated Press
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