Rubio, Petri Legislation Would Give Students Access To Innovative College Financing Option: 1.usa.gov/1ejWSK2 “In the 21st century, higher education is no longer an option for Americans, it has become a necessity. But a complex and confusing student loan system makes it increasingly difficult for millions of people trying to meet the challenges of our economy,” Rubio said. “Allowing private investment groups to invest directly in an individual student is an alternative to student loans that helps make higher education more affordable and more accessible.” “By clarifying the lawfulness of income share agreements, this bill incentivizes the free enterprise system and allows people to access the skills needed to take advantage of the opportunities created by the free market,” added Rubio. “Fostering more choice for students to fund their education guarantees opportunity and equips people with the tools needed to achieve the American Dream.”
Posted on: Wed, 09 Apr 2014 14:01:20 +0000
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