Sacramento Bee: Pay as You Earn
This op-ed piece in the Sacramento Bee is one of the best discussions I've seen of a new strategy to help students pay for college. Known as "pay as you earn," or PAYE, the idea is that students who can't cover the entire cost of college through grants and scholarships can take out loans from the government and pay them back after graduation at rates pegged to their earnings. This is exactly the kind of idea that we need to be talking out today. Kudos to authors Steve Weiner and Gary Hart for getting this column in the paper.