Direct quote from the article: "Student loan debt is now the largest source of debt aside of mortgage debt. Steve Hughes, the state director of the Oregon Working Family Party said, “We need to fundamentally alter how we think about education. This is the first step to doing it. We need to start down the path because what we’re doing right now is absolutely crazy, and it’s not only bad for graduates and students, but it’s bad for the economy. The advantage is, all (payments are) going to the cost of the program. What we were really trying to get at is eliminate the role that banks are playing in charging interest and fees to students.” Read more: addictinginfo.org/2013/07/04/oregon-legislature-unanimously-passes-tuition-free-higher-education/#ixzz2YEDe9dmC
Posted on: Sat, 06 Jul 2013 02:26:18 +0000
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