Skip to main content

Oregon Student Loans - A Novel Solution

A recent survey has put forward the bare facts on the Oregon student loan crisis still haunting students in spite of the fact that graduates passing out from Oregon State University now have an earning potential of around $45000 at entry level while those at their mid career level have an average salary of about $86000Extensive survey and gainful thoughts have been put in to give birth to a novel student loan reform through finding an ultimate solution to end the crisis.

The novel idea

It is through a unique approach by The University of Oregon that a novel solution has been proposed to help incoming students of any of the 7 public universities in Oregon to bear the burden of any student loan and thereby bypassing the clutches of money lenders. The program proposed by the University suggests that all new entrants to any of the public university of Oregon will be entitled to free tuition fee throughout the years in college until passing out and getting a job, in lieu of paying the university 3% of their take home salary. This amount will be payable for 24 years which will also cover the cost of higher education while contributing to this fund.

Advantages for school students

It is through this funding program that students who are still in school are able to attend college classes on the condition that they pay back the college tuition fees after graduation from their salary. For those who are unsuccessful in getting their graduation a smaller percentage is proposed to be paid out of their salary which is calculated upon the tenure spent in college.

Is the project sensible?

After meticulous calculations, an amount of $9 billion is proposed to be the initial investment for the first 24 years after which this fund is expected to be self supporting. It is for this viable reason that the proposal has been mooted as a sensible one.

Benefits of students enrolling for this program

One of the biggest benefits for students is that they are not over burdened from debts and with repayment terms being calculated on the salary received, they get the benefit in case they have a meager income. This program also proposes that those becoming disabled permanently or are under employed or unemployed are not required to pay back the tuition fees. Those who are graduates from low and middle income groups stand to gain most from this Oregon Student Loans program because they are able to enjoy the benefits of this program. By proper implementation of Student Loan Limits, we can avoid the hard threats of student loan repayment traps.

This program has ushered in a golden opportunity for students belonging to low income group to get access to top educational facilities. Who knows that due to implementation of this program a prodigy may come through from the financially constrained class of people?

Author bio: Charles Mathew is a top financial expert who provides his clients with his best advice on taking loans and about debt relief. He presently recommends Oregon students loan as the best for students who are in search for same.

It is a guest article by Charles Mathew about student loans. To write guest articles for us, visit the link below.
Write Guest Articles For www.articlerouter.com

Comments

Popular posts from this blog

List Of Common Flowers in Kerala With Pictures

Kerala is one of the famous tourist spot situated on the south of India famous for its numerous wild life and thick vegetation. Like the Himalayan ranges on the north of India,

Building Blocks for Virtual Businesses : Key technological systems you must have to succeed in the remote business world

This is a guest post by Ripley Daniels about "Key technological systems you must have to succeed in the remote business world.

Whenever I tell friends I had a tough day at the office, they laugh at me. That's because they know I don't really have an office. I work very hard but I work for a company that is completely remote. Only a few of my co-workers ever go into an office at all and when they do, it's only for short periods of time. Our "office" is a virtual one. To us, the traditional office workplace is a thing of the past, alongside Tyrannosaurus Rex, the slide rule, and telephones where you stick your finger in a hole and turn a dial.
Unfortunately, none of this prevents me from having tough days. I still have them. But the reasons have nothing to do with the fact that my co-workers and I don't have a brick and mortar edifice that we can use to plan, strategize, hold our meetings, make presentations, discuss sensitive business topics, build relatio…

AMOLED display coming to Samsung Galaxy Tab range

This is a guest post by Erica about the arrival of AMOLED display to Samsung Galaxy Tab range.Samsung could be transplanting a seven inch AMOLED screen into an upcoming addition to its Galaxy Tab range of tablet computers.

You may have experienced an AMOLED display in a small portable device before as Samsung, Nokia and HTC have all used them in smartphones to date. However, the expense of producing AMOLED screens has prohibited them from appearing on larger devices like tablets, until now.


The seven inch Galaxy Tab was launched last year but an update with an AMOLED screen would be most welcome, cutting energy consumption and improving colours and contrast ratios across the board.


The rumours about this device state that it will run Android 3.0, feature a three megapixel camera on the rear, a two megapixel snapper on the front and have a display resolution of 1024x600 which is not bad for a device of this size.


The hardware powering the new Galaxy Tab will consist of a 1.2GHz processor w…

5 Common Examples Of Website Design Mistakes by Business Owners

This is a guest post by Sachin about five Common Examples Of Website Design Mistakes by Business Owners . When most business owners think about website design, they think about a brochure online. Online shopping sites are making a lot of money with the use of web-based applications to sell products, collect payments an arrange delivery. The only work left to do is pack and send the boxes. Smart applications can even print out the labels, so the only thing left to do it stick them on the box. Unfortunately, in many cases, websites are replacing people. For those of us left with a job, we can be thankful that many business owners make the following mistakes when it comes to websites and web design.


Don’t have one. This is the first and biggest problem of most business owners when it comes to website design. They think they don’t need one. Who can ever really do with less business? The reason why they have not been getting business from online sources in the past is because they have not …

Protecting Yourself From Cybercriminals … a 5-Step Program

Guest Post by Kate Schneiders

Most homes in America have personal computers connected to cyberspace. The Internet was a great invention … it allows us to communicate with people and businesses across the glove, access educational information, connect with friends and contacts via social media, and even get information on medical issues. Although the Internet can be a great thing, it can also be a very dangerous place to hang out. It’s easy to fall victim to cyber-predators … which is why I’m sharing these 5 tips to help keep you and your kiddos safe in cyberspace.

1. Stay Current

Hackers use malicious software, called malware, to infect your computer and gain access to personal information. So, to help keep your system protected from their attacks, make sure that your antivirus software is up-to-date. With more than 100 new computer viruses being released into the wild every day, current antivirus software is crucial to your Internet safety. Also critical to your safety, is current an…

Archive

Show more