Fitch talked to the
She said she expects it to stay at AA, though the goal is to someday get to AAA. But even a AA rating will help in the fall when the state sells bonds to finance projects, she said.
"(The debt) is coming down," she said. "If you think back in the '80s, the way of the country and the trend was bonding. That's how you got projects done.
"We've all cut back, tightened our belts, not doing (bond projects), only looking at what we believe are very good, sustainable uses of the dollar."
She said the
She said three things working in the state's favor for a good rating are the fact it didn't use any one-time money -- settlement fees from the attorney general for example -- in its budget; it has
Revising old plans
She also said a new phase of the Mississippi Prepaid Affordable College Tuition Plan will begin in the fall. Fitch shut down the original
She said another good option for saving for college is the Mississippi Affordable College Savings plan, which gives a tax deduction for money saved for college expenses, including tuition, room and board and other expenses.
"If you invest in a child," she said. "That child is seven times more likely to stay in school."
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