Home Must Reads Treasurer proposes college scholarship plan

Treasurer proposes college scholarship plan

| Print |  Email
Must Reads
Wednesday, September 04, 2013

State Treasurer Ted Wheeler is proposing a first-of-its-kind college scholarship program considered risky by investment professionals.

Here’s what Wheeler is proposing in a 2014 ballot measure called the Opportunity Initiative: He’d have the state borrow $500 million and invest the proceeds in stocks and private equity.

Wheeler would then distribute the profits in the form of need-based grants to Oregon college students.

Wheeler’s concept is a response to Oregon students’ growing struggle to afford college. Costs are rising far faster than incomes, and so he’d like to use the state’s borrowing capacity, traditionally used for roads and buildings, to reverse Oregon’s disinvestment in higher education.

Read more at Willamette Week.

 

More Articles

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS