The Pay It Forward program (Spokesman-Review link) sounds like it’s good as far as it goes.
Instead, under a bill proposed in the House, they’d pay after leaving school in the form of a small, fixed percentage of their future income for up to 25 years.
Rep. Larry Seaquist, who introduced the Pay It Forward program in House Bill 2720, said with tuition costs and loan debt skyrocketing over the past decade, those from low and middle income families find it increasingly difficult to access higher education. The Democrat from Gig Harbor said the Pay It Forward program would remove that barrier.
I don’t want to be too down on this It certainly seems better than getting into debt with whatever the interest rates are to go to college. Look, I hate to be a broken record here, the best way to make college affordable is to not make it so expensive. So long as we are a high tuition state, things like this are eating around the edges, not attacking the problem head on.
The biggest barrier to letting people from underserved communities into college is the fact that it’s fucking expensive. And this plan, while a better alternative for some, is still pretty expensive. Instead of paying for it with taxes, preferably as progressive ones as we can muster in this state, it’s gimmicks like this. And look, if this gets people who wouldn’t otherwise go to college into college, great. But ultimately it’s a poor substitute for making college affordable.