State treasurer pitches college plan

| Print |  Email
Must Reads
Monday, March 11, 2013

Oregon Treasurer Ted Wheeler aims to make higher education more affordable by having the state invest in human capital instead of physical capital such as buildings and roads.

Wheeler’s plan, which faces several legislative hurdles and would have to be approved by voters, aims to use proceeds from state bond sales to establish a permanent scholarship fund to help students from low- and middle-income families attend a university or community college, or to receive vocational training.

Wheeler, who’s been treasurer since 2010, said his proposal is projected to eventually triple the amount of scholarship money available to help students fund higher education by selling $500 million in bonds backed by the state’s general fund. It would use the interest earned, estimated to be about 7 percent per year, to establish a permanent fund for student aid.

Read more at The Gazette-Times.

{biztweet}oregon treasurer{/biztweet}

 

More Articles

The short list: Holiday habits of six Oregon CEOs

The Latest
Thursday, December 11, 2014
121214-xmaslist1BY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask business and nonprofit leaders how they survive the season.


Read more...

Old school: Paulsen's Pharmacy maintains old fashion ethos

The Latest
Thursday, December 18, 2014
121914-pharmacy-thumbBY MEGHAN NOLT

VIDEO: Under the radar — complete with a soda counter, the traditional Paulsen's Pharmacy looks to compete with big box retailers.


Read more...

Top stories in 2014

The Latest
Thursday, December 18, 2014
10-listthumb

2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.


Read more...

Growing a mobility cluster

News
Friday, October 31, 2014
0414 bikes bd2f6052BY LINDA BAKER | OB EDITOR

Why are there so few transportation startups in Portland?  The city’s leadership in bike, transit and pedestrian transportation has been well-documented.  But that was then — when government and nonprofits paved the way for a new, less auto centric way of life.


Read more...

Powerbook Perspective

January-Powerbook 2015
Friday, December 12, 2014
BY LINDA BAKER

A conversation with Oregon state economist Josh Lehner.


Read more...

Free Falling

Contributed Blogs
Thursday, December 18, 2014
121714-oilprice-thumbBY JASON NORRIS | OB CONTRIBUTOR

The implosion of the energy complex: The best thing for low oil prices is low oil prices.


Read more...

The short list: 5 hot coffee shops for entrepreneurs

Contributed Blogs
Friday, November 14, 2014

CupojoeBY JESSICA RIDGWAY

Oregon entrepreneurs reveal their favorite caffeine hangouts.


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