Pay It Forward (financial Aid Policy)
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Pay It Forward is a model in the United States for financing higher education under which students attend college tuition-free, and after graduating begin to pay a fixed percentage into a fund to pay for future students' tuition. Pay It Forward legislation was first passed by the Oregon state legislature in 2013.


History

Pay It Forward was first proposed by the Economic Opportunity Institute. The idea became the focus of a capstone class at
Portland State University Portland State University (PSU) is a public research university in Portland, Oregon. It was founded in 1946 as a post-secondary educational institution for World War II veterans. It evolved into a four-year college over the following two decades ...
, which hosted a legislative panel and presented a report to Oregon legislators on the model. A study bill on the program was sponsored by Rep. Michael Dembrow and passed unanimously in the Oregon legislature.


References


External links


The Problem of Student Debt in Oregon and the Path Forward

HB 3472

Student Debt Legislative Panel - State Level Solutions
2013 in Oregon Oregon law {{Finance-stub