According to this Chicago Business.com article, Illinois has the deepest shortfall of any such fund in the United States and is plowing money into unconventional — and some financial experts say high-risk — investments to close the gap. Great....Just Great.....My son is just now finishing his Junior year in high school and he is on track to graduate in May of 2012. The plan is for him to enter college the Fall of 2012. This is definitely NOT the type of news I wanted to read today!
This is an overview of the Illinois college (prepaid) savings plans:
In the meantime, do any of you participate in your State's Prepaid College Plan? If so, is your money safe?