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27 octobre 2014

News UM student's proposal on addressing student debt gains traction

By Josh Meny. University of Montana student Mitch Everts has come up with a plan to help curb student debt and now two Missoula lawmakers will carry it to the state legislature.
Everts wrote the framework for a bill called the People's Bill, which is an option to repay student loans by withholding a percent of a student's income.
"A student could choose between 3 percent to 10 percent of additional income withholding to pay down their student loans, and why students like it is because the payments become relative to their individual income," Everts said. More...

University of Montana student Mitch Everts has come up with a plan to help curb student debt and now two Missoula lawmakers will carry it to the state legislature.

Everts wrote the framework for a bill called the People's Bill, which is an option to repay student loans by withholding a percent of a student's income.

"A student could choose between 3 percent to 10 percent of additional income withholding to pay down their student loans, and why students like it is because the payments become relative to their individual income," Everts said.

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