Students and families should understand what is desired from an education. Socially or politically prescribed solutions for personal aspirations don’t work.

“Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold.”

Leo Nikolaevich Tolstoy

Oregon is breaking the funding mold for higher education. House Bill 3472 passed overwhelmingly and awaits the governor’s signature. With no initial student investment, the plan proposes a maximum guaranteed loan payback of 3% of a borrower’s annual income for 24 years. An uncollateralized no down payment loan with eventual payback fixed to earning capacity.