In the delayed-tuition model, students would elect, essentially, to tax their future earnings to attend a public university. In exchange, they wouldn’t need to take out loans to pay tuition bills; and if their public higher education leads to a good-paying job, the cash-starved state colleges would likewise see an increase in funding. “I’m cautiously supportive of the idea,” Ohio University economist Richard Vedder, a frequent critic of higher education spending, said on WVIZ Wednesday, “cautiously, because the devil’s in the details.” Vedder said the Ohio proposal was tantamount to students selling stock in themselves. If the graduates do well and succeed, then the state colleges that trained them will gain with them.

Read full article [here].
by Tyler Kingkade, The Huffington Post.

Posted: July 24th, 2013, by: admin. Categories: . Awaiting Comments.