Washington keeps moving toward new college savings plan

SEATTLE (AP) — While Washington's prepaid tuition program remains on hold, the state took small steps toward opening a second college savings plan this week.

Betty Lochner, the director of the Guaranteed Education Tuition program, said officials would be able to take the next steps when the committee meets on April 20 because it would likely know by then if Senate Bill 6601, which would create the savings plan, passes.

[...] nearly $164 million in refunds have been processed for Washington's prepaid tuition program since the state agency told people in September they could ask for their money back.