Washington's Prepaid Tuition Cost Likely Going Up Again - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Washington's Prepaid Tuition Cost Likely Going Up Again

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SEATTLE, Wash. - Wallets around the state may soon feel lighter, as the price for Washington's prepaid tuition program will likely be going up again this fall.
    
The committee that sets the price for GET units won't meet until mid-August, but agency officials say a price increase is all but certain.
    
State Actuary Matt Smith says he can't predict what the GET committee will decide in August, but all indications are that an increase in the unit price is likely this fall.
    
Meanwhile, the GET fund's financial picture has improved this year, thanks mostly to a 14 percent return on its investments.
    
Smith says a 30-year plan to reform the program seems to be getting some good results after just a few years of changes.

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