Three Solutions to Rising College Costs That the Far Right Finds Attractive

ACADEME BLOG

Writing for Bankrate.com, Christina Crouch has surveyed in some detail “Three Radical Plans” for reducing college costs [http://www.bankrate.com/finance/college-finance/rethinking-college-costs-radical-plans.aspx].

The first two of these “three radical plans” have been addressed previously in posts to this blog: the “pay it forward” plan that originated in Oregon, that has been adopted or adapted in some form in 15 other states, and that is now in committee review in the U.S. House of Representatives. This plan allows students to attend public colleges and universities for free if they agree to pay a certain percentage of their future income, scaled to the type of institution that they attended and the type of degree that they obtained, back into the fund supporting the program. That state has to provide the initial, substantial funding, but its share of that funding will decline as the number of participating students who have graduated increases. So, unless…

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