Oregon’s Plan to Do Away with Student Loans
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  • jeburke

    Looks like a loan to me — only one that higher salaried people would be forced to subsidize the lower salaried people for 20 years. Nice deal for aspiring artists!

  • Anthony

    This is a brilliant idea. I think Milton Friedman proposed something like this a long time ago.

  • bigfire

    Won’t work. I can see class action lawsuit already forming against indentured servitude.

  • Anthony

    “The proposal has a few questionable aspects, most notably the $9 billion loan….” In addition to economic forecasting 20 years out as well as start-up and implementation concerns, the idea needs refinement.

    • Andrew Allison

      Not to mention the small problem of actually collecting the 3% from students who move out of state.

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