'Pay it Forward' College Plan Gets House Approval

By: AP
By: AP

SPRINGFIELD, Ill. (AP) -- The Illinois House has approved a plan to study alternative ways for people to pay for college.

The "Pay it Forward" plan calls on the Illinois Student Assistance Commission to consider programs other states have adopted to address the rising cost of a college education.

Such programs allow attendance at community colleges or state universities tuition-free as long as the student signs a contract to repay the state from a portion of future earnings.

The measure sponsored by Marengo Democratic Rep. Jack Franks won approval 111-0 and moves to the Senate.

Franks says the current situation -- a choice between assuming a large debt for college costs or limiting future earning potential because of a lack of a degree -- harms the economy.
------
The bill is HB5323.
Online: http://www.ilga.gov


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
23 WIFR 2523 North Meridian Road Rockford, IL. 61101 Business: 815-987-5300 Fax: 815-965-0981 News: 815-987-5330 Fax: 815-987-5333
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 248941381 - wifr.com/a?a=248941381
Gray Television, Inc.