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ERIC Number: ED501843
Record Type: Non-Journal
Publication Date: 2008-Jun
Pages: 2
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: N/A
Popping the Tuition Bubble. On the Issues. No. 31
Carey, Kevin; Hess, Frederick M.
American Enterprise Institute for Public Policy Research
What if, instead of borrowing, students could arrange for investors to pay their college bills in exchange for a fixed percentage of their future income? In this article, the authors answer this provocative question, arguing that the time has come to think more creatively about financing college, especially because Congress seems more inclined to pour more money into loans and grants. Students would shift the financial risk to lenders who could pool that risk and then package their students' bonds into bundled securities that could be sold on the open market. [A version of this article appeared in "The American" on June 12, 2008.]
American Enterprise Institute for Public Policy Research. 1150 Seventeenth Street NW, Washington, DC 20036. Tel: 202-862-5800; Fax: 202-862-7177; Web site: http://www.aei.org
Publication Type: Opinion Papers
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: American Enterprise Institute for Public Policy Research