By KRWG News
Texas – The state's prepaid college tuition plan will face a financial review during the 2011 Legislature after thousands dropped the program.
The state comptroller's office says about 7,000 investors left the Texas Guaranteed Tuition Plan since August, when the state announced a now-defunct plan to cut refunds.
Agency spokesman R.J. DeSilva says about $110 million was withdrawn, equal to slightly more than 7 percent of the fund's value, which topped $1.4 billion as of Oct. 31.