No Tuition at Oregon Colleges

[notrichenough]

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But the state Legislature this week approved an idea that might ease the economic dread for future philosophy and art history majors. The concept — called Pay It Forward — calls for students to attend public universities tuition free and loan free. In exchange, students would have 3 percent deducted from their post-graduation paychecks for about a quarter-century. The money would go into a fund to pay for future students.

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<p>[Plan</a> would make tuition free at Ore. colleges - Education - Boston.com](<a href=“http://www.boston.com/news/education/2013/07/04/plan-would-make-tuition-free-ore-colleges/uXtpQwCMERsuA49GhGYcyK/story.html]Plan”>http://www.boston.com/news/education/2013/07/04/plan-would-make-tuition-free-ore-colleges/uXtpQwCMERsuA49GhGYcyK/story.html)</p>

<p>It’s an interesting concept, I hope they can actually make it work.</p>

<p>I have some doubts though:</p>

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One question that must be resolved is how to fund the program’s start-up costs, estimated at $9 billion, since the initial students who attend tuition-free would be years away from entering the labor force.

Yeah, minor little detail there. :rolleyes:</p>

<p>Anyone who strikes it rich will be looking for loopholes. For example, if you tie all your money up in stock, how much will you pay? The Bill Gates factor, so to speak.</p>