GET program faces budget shortfall

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by KREM.com & Shawn Chitnis

KREM.com

Posted on January 16, 2013 at 8:40 PM

Updated Tuesday, Nov 12 at 11:24 AM

SPOKANE -- Some Washington lawmakers are considering making a recommendation to close the Guaranteed Education Tuition Program (GET) because of a $600 million shortfall in funding.

The program allows parents to pay for college credits now at today’s prices that children will be able to use in the future.

People who run GET said the program would only be in trouble if every parent who put money into it decided to cash out all at once. Many parents are years away from needed the money.

The deadline to sign up for the upcoming year of the GET program is at the end of May.

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