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The Democratic Strategist

Political Strategy for a Permanent Democratic Majority

And here’s an interesting response to the problem: Oregon’s creative approach to college student debt

(CNN) – A bill currently awaiting Oregon Gov. John Kitzhaber’s signature could radically change the way in-state public university students pay their way through college.
Passed unanimously by the Democrat-controlled state Senate Monday after it had already cleared the also Democrat-controlled House, the bill would create a program called “Pay Forward, Pay Back” by which students wouldn’t pay a dime at the time of study at any public institution for higher education in Oregon. Instead, students who qualify as Oregon residents would sign a binding contract that would require they pay a percentage of their post-college income back to the state every year for up to 24 years…
The percentage of income paid back would vary based on the type of institution attended but would be in the neighborhood of three percent.

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