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re: TOPS payments stopped immediately due to state budget crisis

Posted on 2/12/16 at 7:20 am to
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56591 posts
Posted on 2/12/16 at 7:20 am to
When TOPS started, the legislature controlled tuition and raises in tuition were slow.

Then the retards voted to allow the universities to raise it, I think up to 10% a year if needed.

Surprisingly, the annuall tuition hikes became needed and outpaced TOPS actuarily derived self-funding plans.

The legislature hit the TOPS self-destruction button years ago.
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