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Ohio Lawmakers Propose Postgraduate Payment Plan

Ohio Lawmakers Propose Postgraduate Payment Plan
July 18, 2013

Ohio Representatives Robert F. Hagan and Mike Foley announced Tuesday that they would propose legislation, similar to a plan recently adopted in Oregon, that could eventually result in students paying no tuition while in college but agreeing to pay a percentage of their wages once employed after graduation. Like the Oregon law, the Ohio legislation does not create any immediate policy changes but would task the state's executive agency with developing a pilot program that would go before lawmakers for approval in two years.

Proponents of such legislation say it will help remove the cost barrier that might keep students from pursuing a college education and might make it easier for students to repay, since payments will be linked to income. “This is a unique opportunity for the state to actively address a real problem that has haunted so many young people for far too long,” Foley said in a news release. “The inaction on student loan debt is very real, and I think too many young people are wondering why their government has failed them in this regard.” Opponents have challenged the feasibility of such plans, as well as whether they put too much of the burden for paying for college on students, rather than governments and parents.

 

 

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