Home / Showbiz / College Tuition Could Be FREE In The Future! Get The Deets On The Deal States Could Soon Offer Students & The Tiny Catch Involved!

College Tuition Could Be FREE In The Future! Get The Deets On The Deal States Could Soon Offer Students & The Tiny Catch Involved!

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YOU get a college education!

YOU get a college education!

EVERYBODY gets a college education…for FREE!

Students could soon be hearing just that if the new plan for affordable education gets passed!

The proposal is simple: every kid gets to go to college for free. As in ZERO dollars paid!

But, here’s that tiny catch we warned you about…

In return for a free ride, students must agree to pay a fixed percentage of their future income BACK to the college, in order to pay for the next class!

It’s being called the Pay It Forward tuition plan and Michigan is taking it all the way to their state legislature! More than 20 other states are also proposing similar plans.

Michigan’s program would require a 2% income from community college students and 4% payment from university students for five years for every year that they attended school.

So, if you went to Michigan State and graduated in four years, you would end up giving 4% of your income back to MSU for 20 years!

Chances are, that would wind up being A LOT of money!

But considering it’s only taxing what you’ve earned AND preventing you from suffering with student loans and crippling debt, this seems like a win-win plan to us!

State Representative David Knezek agrees. He’s pushing hard for this legislation to be passed, saying:

“The goal is to remove every financial barrier to high education. We’ve increasingly placed the financial burden of college on the backs of the students. This is a no-interest plan that allows you to pay back as you go and as you can afford it. It takes the monkey off the student’s back.”

What do you think, Perezcious readers? Doesn’t not having ANY student loans sound like a dream come true??

[Image via Columbia.]

Tags: business blitz, college, legal matters, politik, school, tuition

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