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Free College Tuition? Read The Fine Print


According to the New York Times, the Oregon legislature has approved a bold remedy for student debt.
In a “pay it forward” scenario similar to Australia’s, students would attend public universities tuition free and loan free – but would sign a binding contract to have a certain percentage of their post-graduation paychecks taken by the state for the next 24 years. The money would go into a fund to pay for future students.
The legislators unanimously approved creation of a pilot program that will be scrutinized by and voted upon by the legislature in 2015. I truly hope the bugs ...

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