Guaranteed Tuition Program opens to new investors - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Guaranteed Tuition Program opens to new investors

Posted: Updated:
October 31, 2012 -

SEATTLE - Washington's prepaid tuition program opens its doors to new investors on Thursday, and parents and lawmakers are taking a closer look at the program and trying to decide what is best for the state and its children.  

Lawmakers are talking again about changing the Guaranteed Education Program to improve its long-term viability and to give Washington's universities more tuition flexibility.  

The program is under funded by $631 million, which means it doesn't have enough money to meet all its obligations if every kid enrolled decides to go to college next year.  

But since preschoolers and kindergartners are enrolled in the program, it's unlikely to be an issue.