Pay It Forward (financial aid policy)
For other uses, see Pay it forward (disambiguation).
Pay It Forward is a model in the United States for financing higher education under which students attend college tuition-free, and after graduating begin to pay a fixed percentage into a fund to pay for future students' tuition. Pay It Forward legislation was first passed by the Oregon state legislature in 2013.[1]
History
Pay It Forward was first proposed by the Economic Opportunity Institute.[2] The idea became the focus of a capstone class at Portland State University, which hosted a legislative panel and presented a report to Oregon legislators on the model. A study bill on the program was sponsored by Rep. Michael Dembrow and passed unanimously in the Oregon legislature.
References
- ↑ "In Oregon a Plan to Eliminate Tuition and Loans at State Colleges". The New York Times. Retrieved 2016-09-30.
- ↑
External links
- The Problem of Student Debt in Oregon and the Path Forward
- HB 3472
- Student Debt Legislative Panel - State Level Solutions
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