"Pay-It-Forward” Is a Step Back: By Joel Grey of The Cascade Policy Institute. The Oregon Higher Education Coordinating Commission is considering a proposal called"Pay-It-Forward.” This pilot program would give free tuition at a state university to one thousand high school graduates each year, beginning in 2016. In exchange for free tuition, students would cede 3-5% of their paychecks over a twenty-year period. Although the program is intended to become self-sustaining, it would cost between $6.5 and $20 million each year for the first twenty years until that happened. This is an example of a government proposal that is not well thought out. Yale tried a similar experiment in the 1970s and eventually forgave much of the debt years later. Many students overpaid for their education, while 20% defaulted. Oregon shouldn’t repeat Yale’s mistake.
oregoncatalyst.com/27796-payitforward-step.html?ut...alyst)
A native Oregonian having been born and raised in our District. A Pharmacy Manager of a Community and Retail Pharmacy. I know how to run a business. A Long Term Care Pharmacist. I know the issues facing our aging baby boomers. A full time Care Giver. I know what it is like to struggle with work and caring for our aging parents.
Showing posts with label OregonEducationAssociation. Show all posts
Showing posts with label OregonEducationAssociation. Show all posts
Monday, June 23, 2014
Tuesday, March 25, 2014
Why Don't Public Schools Give Parents What They Want?
"No principal or teacher will get a raise for attracting more students to his or her school. A successful manager in a private business gets a raise, or gets hired away for a bigger salary. A successful entrepreneur expands his or her store or opens a branch. Can one imagine a public school choice system allowing a successful principal to open another school across town and run both of them?" Educational Savings Accounts A innovative concept that is capturing the attention of young parents and new policy makers. Going beyond the voucher or tax credit idea for school choice, ESA’s introduce market concepts that help parents become active shoppers for educational services, thus improving their quality while reducing costs.
www.cato.org/blog/why-dont-public-schools-give-par...uffer
www.cato.org/blog/why-dont-public-schools-give-par...uffer
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