A new plan called Pay It Forward recently passed in Oregon. Under Pay It Forward students would attend college with no upfront tuition. Instead, students would contribute a small, fixed-percentage of their income -- about 3 or 4 percent -- for a set number of years after college -- between 10 and 25 depending on where they attend school. Contributions would be placed back into the states education fund and enable the next class of students to receive the same education free from massive, life-crippling student loans.
Posted on: Wed, 13 Nov 2013 18:07:12 +0000
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