Congressman Artur Davis
7th Congressional District of Alabama

FOR IMMEDIATE RELEASE   
March 5, 2009 
 
Davis to PACT Board:
College Dreams Must Not Be Deferred Due to Failures of Government   
 
WASHINGTON  --  In a letter sent today to Treasurer Ivey and members of the PACT Board, Congressman Artur Davis detailed his significant concerns over the fiscal health of the Prepaid Affordable College Tuition Program and demanded that they take “all steps in their power to prevent college students from being forced out of school because of failures in a state run program.”

Congressman Davis also reminded Treasurer Ivey and the PACT Board of their rosy marketing of the now-troubled program to Alabama families. 

“While Alabama is not well poised to assume any new financial obligations, I hope the PACT Board and the state’s leaders will remember that PACT has been advertised for years as a reward for prudently investing in a child’s future,” Congressman Davis said. 

Davis continued, “It would be a cruel blow to parents and students to allow PACT to fail at a time when families are struggling more than ever to meet the demands of rising tuition.”