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Oregon state passes a "pay it forward" model of funding PSE

James Ronholm
  • Public
By James Ronholm 8 July 2013 @ 12:45pm Comments (2)
http://www.huffingtonpost.com/2013/07/03/pay-it-forward-oregon-tuition-free_n_3543827.html?ncid=txtlnkushpmg00000037&ir=Politics

Oregon state passes a "pay it forward" model of funding PSE. Students pay nothing. Graduates pay a percentage of their paycheck into a fund for 24 years.

Significant problem: startup funding

Comments

  • Sasa Danilovic
    Sasa Danilovic July 8, 2013 - 12:54pm

    Interesting, in fact many European countries have cheap or free universities.

    http://www.bbc.co.uk/news/business-12610268

    A quote from the article:

    "One of the strongest motivators is finance. To go to university in Canada means taking on debt. It's essentially free to do it in Germany. It's incredibly appealing not to have to mortgage your future."

    Sasa

     

  • James Ronholm
    James Ronholm July 9, 2013 - 6:53am

    With my tongue firmly planted in my cheek I have to say that it sounds rather socialist and from my perspective not very American.

    But I like the idea. I think the relationship between an educated population and a productive nation is fairly well established so it anything that increases the availability of education is going to be positive for the country.

James Ronholm

James Ronholm