State 2009 Guaranteed Tuition purchase deadline nears

Expanded enrollment in Washington’s prepaid college tuition plan shows that parents are eager to find a secure way to save for college. State officials are predicting a record year for the nation’s fastest growing prepaid tuition plan.

Expanded enrollment in Washington’s prepaid college tuition plan shows that parents are eager to find a secure way to save for college. State officials are predicting a record year for the nation’s fastest growing prepaid tuition plan.

New accounts are up by 15 percent over last year, with only four weeks left until the March 31 enrollment deadline, according to Betty Lochner, director of Washington’s Guaranteed Education Tuition Program, or GET.

“No other college savings vehicle can guarantee that your money will keep pace with rising college tuition,” said Lochner.

GET accounts grow tax-free and no tax is paid when money is used for tuition, room and board or other qualified college expenses. Tuition units purchased just 10 years ago have seen a 77 percent return.

If tuition continues to climb an average of 7 percent annually, a family with a newborn can expect to pay more than $100,000 for four years of college at the University of Washington or Washington State University,” Lochner said.

GET’s annual enrollment period ends on March 31. To learn more about the GET program, go online to www.get.wa.gov or call 1-800-955-2318.


In consideration of how we voice our opinions in the modern world, we’ve closed comments on our websites. We value the opinions of our readers and we encourage you to keep the conversation going.

Please feel free to share your story tips by emailing editor@mi-reporter.com.

To share your opinion for publication, submit a letter through our website https://www.mi-reporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) We reserve the right to edit letters, but if you keep yours to 300 words or less, we won’t ask you to shorten it.

More in News

t
Trees aplenty at YFS lot

Don Kovarik trims a tree at the Mercer Island Youth and Family… Continue reading

t
Island Freemasons rename lodge in honor of Dean LeClare Quigley

Ceremony for dedicated member took place on Dec. 2.

t
School district seeks ballot measure committees

The Mercer Island School District seeks interested parties to prepare statements in… Continue reading

t
Recology offers holiday cardboard recycling tips

As residents receive or purchase gifts this holiday season, the city’s recycling… Continue reading

Screenshot
King County weather: Dec. 3-5

Here is your King County area weather forecast for Dec. 3-5, 2021.… Continue reading

Keith Wagoner
Senator becomes first GOP candidate for secretary of state

Sen. Keith Wagoner will challenge Democrat Steve Hobbs, who was appointed to the statewide post in November

The Federal Way Performing Arts and Event Center is located at 31510 Pete von Reichbauer Way S. Olivia Sullivan/the Mirror
FEMA to send mobile COVID-19 vaccination unit to Western Washington

The mobile site is set to open Dec. 20 in Federal Way; additional locations to come.

t
School district opens new Pathways building for Adult Transition Program

Building is located on the Northwood Elementary site.

Courtesy of the Centers for Disease Control and Prevention
Washington health officials discuss response to new COVID variant

Things will be handled with Omicron variant similar to the Delta variant.

Most Read