Oregon legislates tuition-free PSE

July 7, 2013

Oregon has passed legislation approving a “pay it forward” model for funding higher education. Essentially, students would pay no up-front tuition, but upon graduating and entering the workforce, 3% of each paycheque for 24 years would go towards funding the program for future years. The model is based in part on an Australian model that has been in place for several years. The legislation directs the state’s Higher Education Coordination Commission to establish a pilot project by 2015 for legislative approval. Estimates suggest it will cost $9 billion to fund the first set of students for their years of study, factoring in the loss during the time before students begin working and contributing to the fund. Huffington Post | Addicting Info | House Bill