Oregon: A Better Way To Pay For College
July 8, 2013

Oregon: A Better Way To Pay For College

Money is the single most important aspect of any new or returning college student’s perception on going to college and making something of themselves. From the beginning of the country’s roots, we have seen wealthier citizens with high rates of literacy and education because of availability. Slowly that correlation has led to a majority of our populace learning a second language through academic means.

Most of us have seen this correlation in our everyday lives; the multi-lingual check out woman at Wal-Mart, the chemistry major at the cyber café on Friday night and, of course, the middle aged biology professor constantly lecturing you on hard work and last week’s pop quiz. Intelligence is a right given to the few to use for the enjoyment of their choice. But, for millions of American teenagers and adults, higher education is nearly unreachable because of the outrageous tuition prices set by state universities.

Who has 80k lying somewhere in their luggage? Even with ten years of working two jobs and endless hours of community service, students are still finding their efforts to be in vain simply because the cost for college is far too demanding right now. Because of this, many of us don’t consider college directly after high school, which can be a life altering decision if you’re the type that can’t get off your feet and do something with your life.

We want so badly to achieve and aspire for greatness, but few of us have the financial means to achieve our goals. So, how can we bypass this obstacle?

For the Oregon Legislature, the solution could be as simple as letting students pay for college at a much later time with a much lower rate than what we’re used to seeing. They’ve simply resorted to allowing students to go to school now and only take small percentage of paychecks for a prolonged period of time after school. While this doesn’t sound much different the current strategy of debt payment, it does tackle the problem of after school unemployment and lack of sufficient funds. This plan will take a while to implement, but countries like Australia have already seen its usage and success with college students.

In America however, the plan has been brushed aside for over a year now. Could it solve the issue of outstanding loan debt? I prefer to say yes, but I’m afraid the issue is a lot more about an open job market than simply being able to pay back the money that you’ve borrowed.

Be that as it may, the bill still stands to bring some form of success out of a failing education system. Failing is a very harsh term to apply to it, but what else would you call it?

Let me know what you think in the comments below.

Image Credit: Thinkstock.com

Facebook Twitter Pinterest Plusone Digg Reddit Stumbleupon Email