Should the state bail out the PACT program?

Perhaps the more important question is not whether the state should bail out the PACT program, but rather should the PACT program honor its commitment to PACT contract purchasers. The answer to the latter is a resounding "YES!" Those (like myself) who bought PACT contracts did so with the understanding, based on representations made by those connected with the PACT program, that college tuition funding was guaranteed to purchasers. Should the PACT program default in its obligation, purchasers have solid legal grounds to sue for breach of contract. Of course, the PACT program would incur significant legal fees which would either further erode PACT funds or cost the state money. Therefore, to avoid these expenses, someone should honor the PACT's commitment to purchasers. Since the PACT program was created by the state legislature, the legislature would be the natural entity to back up the PACT program's commitment.

When families invest in their children's future in the established PACT program with the State of Alabama and believed that this was an honorable contract, yes the State should fulfill its obligation. They accepted this money and used it evidently, unwisely, so they are responsible and accountable to these parents and grandparents. My three grandchildren have,or so we thought, their complete educations paid for through the PACT program. Alabama has a reputation in the nation for putting education low on their priorties, which is a rebuke for us as a state. My familly has always supported the educational system and had in good faith believed the PACT program was planned for the good of the children of Alabama. To us, the State has a moral and legal responsibility to provide this education. We do not expect a free ride in any area from our state, only what my family has already paid for. I can't help but believe that the no votes on th survey would be from people who have not provided a PACT plan for their children or grandchildren.

Yes! While our children were "too old" for us to buy contracts for them, and most of our granchildren are in other states, I do believe that the PACT was "sold" as a contract between the State of Alabama and the buyer. When I went into Kmart, put an item into lay-a-way and made my weekly payments, I expected Kmart would deliver that item when I'd made the last payment. Now Alabama owes these children the education in a State college of the family's choice as promised.
When our first Alabama grandson was born, I found out about the Upromise program. After becoming involved in that I wrote the Treasurer and ask if there were a way for me to link my Upromise to the State PACK. I was told no, but was told how we could set up a PACK program. Boy am I glad we did not.
The State of Alabama owes the families who did purchase PACK for their family!!!