Editorial: College trust fund for students needs scrutiny

WHILE Congress wrestles student-loan rates that soared to 6.8 percent down to 3.8 percent, a Washington state lawmaker has another idea for reducing college costs.

State Rep. Larry Seaquist, D-Gig Harbor, proposes a college trust fund for students and financed by students. The Pay-It-Forward model would work like Social Security, but in reverse. Students would get the benefit up front in the form of in-state tuition.