Oregon may have solved the student loan crisis
"Pay It Forward allows every Oregon student, regardless of socioeconomic status, to acquire free education at the point of delivery. They will contribute, over time and at an affordable level based on their personal success, to ensure that others have the same opportunity. In that sense it’s internally redistributive: High achievers end up helping those who graduate into lower-paying work. If the policy expands beyond Oregon’s borders, students across America could have a debt-free opportunity at public colleges. That could force private schools to compete on costs, thus lowering skyrocketing annual tuition rates.
Everyone involved with the success of Pay It Forward marveled at the speed with which it moved from a student project to legislative passage. Barbara Dudley has already fielded requests from lawmakers in other states to learn more about the program."
