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Undergrads envision a world without student loans

Kelsey Sheehy / August 19, 2013 / www.huffingtonpost.com

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Undergrads envision a world without student loans

Students and lawmakers are creating proposals that could toss student loans out the window, instead of allowing Congress to fight over student loan rates.  A pilot program called Pay Forward, Pay back was approved in Oregon.  The initiative eliminates upfront payment of tuition and fees and replaces them with students agreeing to a payroll deduction of 1.5 to 3 percent of their income for 20 years.

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