New Schools Of Thought On Paying For CollegeAaron Bernstein
Rising tuition and slumping incomes have sparked plenty of pro posals for making college more affordable. Now, two plans are moving to the head of the class. One would let students repay college loans through a system of national service. The other involves direct loans from the government--bypassing banks as intermediaries--with repayment through payroll deductions based on a student's post-college income. Both ideas are being tested in pilot programs set up by Congress. And they're getting lots of attention now that Bill Clinton has vowed to broaden them if he becomes President.
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