Wednesday, September 17, 2014

Ballot measure would create college aid fund

Statesman Journal
September 13th, 2014

Students are facing a rising loan burden, and Oregon's state treasurer wants the state to be able to take on debt of its own to help them out.
Ted Wheeler proposed a little-known measure that will appear on the November ballot. Measure 86 would amend the state constitution, creating an endowment that could be used only for student financial aid. It would also allow the state to take on debt to fill the kitty. He wants to start with $100 million.
Oregon's college tuition is high, and state support for financial aid is low compared with other states, Wheeler said.
"A lot of low-income and middle-class students are being shut out of education and job-training opportunities at exactly the time when employers are telling us that advanced education and training are more important than ever and will continue to be more important in the future," Wheeler said.

No comments:

Post a Comment

To eliminate spam comments at restricted to registered users. Additionally, all posts are moderated to further prevent spam and off topic discourse. We strive to post all on topic comments.