A Lack of Funds Puts Mass. Plan For Saving College Tuition on Hold

By Mark Pitsch

A Massachusetts college-tuition savings program, signed into law more than two years ago, is not yet operational because the state agency responsible for the program has been unable to raise $450,000 in start-up costs from the private secter.

As planned, the College Opportunity Fund would allow parents to buy state bonds that would appreciate at a rate equal to the average rise in tuition at a national sample...