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Michigan’s prepaid tuition program, the Michigan Education Trust, is seeing gains in purchases, up by nearly 76%.
Through July 31st, MET sold 1,450 prepaid tuition contracts worth nearly $30 million.
During the same period last year, contract sales were just over $20.5 million dollars.
In recognition of College Savings Month in September, the state is waiving the normal $25 processing fee for buying a new contract.
