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Arson attacks paralyze French high-speed rail network hours before start of Olympics, the Obamas endorse Harris for President; A NY county creates facial recognition, privacy protections; Art breathes new life into pollution-ravaged MI community; 34 Years of the ADA.

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Harris meets with Israeli PM Netanyahu and calls for a ceasefire. MI Rep. Rashida Tlaib faces backlash for a protest during Netanyahu's speech. And VA Sen. Mark Warner advocates for student debt relief.

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There's a gap between how rural and urban folks feel about the economy, Colorado's 'Rural is Rad' aims to connect outdoor businesses, more than a dozen of Maine's infrastructure sites face repeated flooding, and chocolate chip cookies rock August.

Time's Short to Sign Up for FL College Savings Plans

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Wednesday, January 25, 2012   

TALLAHASSEE, Fla. - Next week is the deadline to enroll in Florida's Prepaid College Program savings plans, which allow parents to lock in today's tuition rates years in advance of their children going off to college and start saving for it.

Florida's plan is one of seven nationwide that is backed by state dollars. Its chief executive officer, Duane Ottenstroer, says there's a plan for everyone.

"We also have an investment savings plan, which is a normal '529' plan, and that's open to people outside of Florida."

Since it began in 1988, about $1.3 million students' families have enrolled in the Florida program, making it the nation's largest pre-paid tuition savings plan. However, Ottenstroer says, only one in 10 Florida children is enrolled. Critics of this type of savings plan say it does not guarantee admission to a Florida school - or the quality of those schools.

The program competes with other tax-deferred college savings plans, Ottenstroer says, but those plans are based on investments that often face upheavals in the stock market. He says the Florida Pre-Paid College Program is a safer bet.

"Tuition cost today makes the program just extremely important to the normal family. We still have programs that, for as little as $100 a month, will pay a newborn - over 18 years - the tuition at any one of Florida state colleges."

Parents who want to sign up, he says, have only until Jan. 31 to get their applications in.

Plan details are online at myfloridaprepaid.com.


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