CullmanTimes.com - Cullman, Alabama

October 3, 2009

A broken PACT

Mark Persall
The Cullman Times

VINEMONT — State Treasurer Kay Ivey has notified families who purchased Alabama Pre-Paid Affordable College Tuition Contracts (PACT) that the fund is in financial trouble. Contracts now may be at risk for default by 2013. It is the legal and moral responsibility for the Alabama Legislature to fund the PACT program for the 48,000 current participants. If you have a PACT contract, join Save Alabama PACT at savealabamapact.com.

A local meeting to support PACT funding will be held at 6 p.m. Oct. 15, 2009, at the Cullman Courthouse. Please attend. Alabama needs these 48,000 college-educated citizens for our community to compete in a future world economy. It is they who will be our leaders and our caretakers. They are Alabama’s future. Contact Sen. Zeb Little at 775-7707 or 734-6348; Representative James Fields at 287-0007; and Representative Jeremy Oden at 734-4236. Tell them PACT is not a Ponzi scheme for the state to defraud its citizens. Save Alabama PACT.

Mark Persall

Vinemont