Prepaid tuition program to be investigated

April 15, 2011 9:44:11 AM PDT
There will be a state investigation into the College Illinois prepaid tuition program.

The Illinois House passed a resolution Thursday launching a probe by the Illinois auditor general.

The resolution comes after a recent audit accused those in charge of the tuition program of not following sound business practices when it hired a California firm for investment advice.

More than 55,000 families are relying on the tuition program to fund their children's college educations.