Washington state has the GET program, a guaranteed tuition college savings program, where the family can save for the future student by buying future credits at current prices. Sounds good, but in my opinion it favors the upper middle class and the wealthy. Those who can’t afford to buy credits today will be forced to pay even more for future credits to make way for those who participated in the GET program. I realize that maybe those diligent and responsible folks who where able to fork away the money should benefit. But it seems to come at a high cost, even higher tuition for those who didn’t participate.
Now it appears the program is having funding problems:
Alabama and other states are worried they won’t be able to keep the tution promises: