What are your thoughts on this subject?
Written By Dr. Erika E. Alexander
In recent months, several legislative proposals have been presented that might signal the end of times for college tuition. These proposals have been put forth by legislators in Michigan, New York, Tennessee, Oregon and Mississippi, and would allow students to get a college education at the state or community college of their choice for “free”.
Michigan House Bill No. 5315 (affectionately called The “Pay It Forward bill”) would provide up to 200 in-state students interest-free loans for college tuition at either a 2- or 4-year institution. Once a student has graduated from their institution and attained a position that puts them above the federal poverty line, they are required to pay a fixed percentage of their adjusted gross income into a fund, which will provide for financial aid of future college students. The amount the student would pay depends on what…
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