Department of Education

College Co-op Plan - A Loan Alternative

Rather than providing loans to college students, there could be a contract system. This system would help students pay for college in exchange for a manageable percentage of the student's future annual earnings for an agreed upon period of time. Students who chose fields with lower entry-level pay wouldn't be so overwhelmed with college loan payments. Inevitably, some students would not have to pay the full cost of ...more »


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