Tuition cuts may trigger refunds for investors in Washington’s GET

A state committee that oversees Washington’s prepaid college tuition plan is considering refunding some, or even all, of the money parents and relatives poured into the plan in recent years.

Under one proposal, everyone who purchased Guaranteed Education Tuition (GET) units over the last four years — when the units were priced at $163 and $172 — would be able to get a full refund on those units, without paying a penalty.