{"id":2663,"date":"2021-05-10T15:27:12","date_gmt":"2021-05-10T22:27:12","guid":{"rendered":"https:\/\/senatedemocrats.wa.gov\/mulletarchive\/?p=2663"},"modified":"2021-05-10T15:27:12","modified_gmt":"2021-05-10T22:27:12","slug":"mullet-bill-to-limit-get-tuition-increases-signed-into-law","status":"publish","type":"post","link":"https:\/\/senatedemocrats.wa.gov\/mulletarchive\/2021\/05\/10\/mullet-bill-to-limit-get-tuition-increases-signed-into-law\/","title":{"rendered":"Mullet bill to limit GET tuition increases signed into law"},"content":{"rendered":"<p>Legislation signed today by Gov. Jay Inslee will make sure Guaranteed Education Tuition (GET) credits accurately reflect tuition costs at the time of purchase.<\/p>\n<p>\u201cGET enables the parents of young kids today to afford the cost of tuition when their kids grow to college age,\u201d said Sen. Mark Mullet (D-Issaquah). \u201cIt\u2019s an affordable bridge to the future, and this law will make sure it stays affordable.\u201d<\/p>\n<p>The GET program allows households to purchase tuition credit at today\u2019s rates and apply the credits years later, avoiding the increased costs of future years. Earlier this year, however, Mullet noticed that GET credits for a year of tuition at the University of Washington were priced significantly higher than what UW is charging for tuition. He sponsored <a href=\"https:\/\/app.leg.wa.gov\/billsummary?BillNumber=5430&amp;Year=2021&amp;Initiative=False\">Senate Bill 5430<\/a> to establish price guidelines to ensure that GET fee increases do not exceed the average growth rate of the median hourly wage in Washington state.<\/p>\n<p>\u201cWith this law, the price of a GET unit will be $122 instead of the current $133,\u201d Mullet said. \u201cThat\u2019s the difference between paying $12,200 for a year of UW tuition or $13,300.\u201d<\/p>\n<p>In addition to capping the rate of future increases, the law accords additional credits to parents who paid the excessively higher tuition fees this past year, Mullet noted.<\/p>\n<p>\u201cThis is going to save households more than $1,000 on the cost of a year of college,\u201d he said. \u201cIf you have two kids and they both go to college for four years, you\u2019re going to save over $8,000.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Legislation signed today by Gov. Jay Inslee will make sure Guaranteed Education Tuition (GET) credits accurately reflect tuition costs at the time of purchase. \u201cGET enables the parents of young kids today to afford the cost of tuition when their kids grow to college age,\u201d said Sen. Mark Mullet (D-Issaquah). \u201cIt\u2019s an affordable bridge to the future, and this law will make sure it stays affordable.\u201d The GET program allows households to purchase tuition credit at today\u2019s rates and apply the credits years later, avoiding the increased costs of future years. Earlier this year, however, Mullet noticed that GET credits&#8230;<\/p>\n","protected":false},"author":26,"featured_media":2664,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"disable_featured_image":false,"footnotes":""},"categories":[40,29],"tags":[],"class_list":["post-2663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broadcast","category-news-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mullet bill to limit GET tuition increases signed into law - Mark Mullet Archive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/senatedemocrats.wa.gov\/mulletarchive\/2021\/05\/10\/mullet-bill-to-limit-get-tuition-increases-signed-into-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mullet bill to limit GET tuition increases signed into law - Mark Mullet Archive\" \/>\n<meta property=\"og:description\" content=\"Legislation signed today by Gov. Jay Inslee will make sure Guaranteed Education Tuition (GET) credits accurately reflect tuition costs at the time of purchase. \u201cGET enables the parents of young kids today to afford the cost of tuition when their kids grow to college age,\u201d said Sen. Mark Mullet (D-Issaquah). \u201cIt\u2019s an affordable bridge to the future, and this law will make sure it stays affordable.\u201d The GET program allows households to purchase tuition credit at today\u2019s rates and apply the credits years later, avoiding the increased costs of future years. Earlier this year, however, Mullet noticed that GET credits...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/senatedemocrats.wa.gov\/mulletarchive\/2021\/05\/10\/mullet-bill-to-limit-get-tuition-increases-signed-into-law\/\" \/>\n<meta property=\"og:site_name\" content=\"Mark Mullet Archive\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-10T22:27:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/senatedemocrats.wa.gov\/mulletarchive\/wp-content\/uploads\/sites\/44\/2021\/05\/20210408_131759ab-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1706\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"rickm\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rickm\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/senatedemocrats.wa.gov\/mulletarchive\/2021\/05\/10\/mullet-bill-to-limit-get-tuition-increases-signed-into-law\/\",\"url\":\"https:\/\/senatedemocrats.wa.gov\/mulletarchive\/2021\/05\/10\/mullet-bill-to-limit-get-tuition-increases-signed-into-law\/\",\"name\":\"Mullet bill to limit GET tuition increases signed into law - 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Jay Inslee will make sure Guaranteed Education Tuition (GET) credits accurately reflect tuition costs at the time of purchase. \u201cGET enables the parents of young kids today to afford the cost of tuition when their kids grow to college age,\u201d said Sen. Mark Mullet (D-Issaquah). \u201cIt\u2019s an affordable bridge to the future, and this law will make sure it stays affordable.\u201d The GET program allows households to purchase tuition credit at today\u2019s rates and apply the credits years later, avoiding the increased costs of future years. 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