College savings program to restart

Published 08/21 2012 10:11PM

Updated 08/22 2012 12:15PM

URBANA -- A controversial college savings program is starting back up. College Illinois announced it will start accepting new families in October.

The tuition savings plan shut down for a year after an investigation found it was underfunded because of some bad investments. The program is still 30% in the red, but lawmakers are working on a plan to fix it.

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