October 7th, 2014
The Pay It Forward program was concieved as an alternative method to paying for college tuition. On Sept. 11, The Oregon Higher Education Coordinating Commission unanimously voted to recommend a Pay It Forward pilot program to the 2015 Oregon Legislature.
The program proposes an alternative to the rising cost of in-state tuition for students of Oregon’s universities and community colleges.
Rather than paying tuition in full each year, students would forego all or some of their tuition costs in return for the payment of approximately two to four percent of their income for the next 20 years after graduation, depending on whether they attend a community college or university.