Oregon treasurer's plan to pay for college goes to ballot
SALEM, Ore. (AP) The Oregon Legislature will ask voters whether to create a dedicated fund for college scholarships.
In a 34-25 vote on Friday, the House passed the resolution proposed by Treasurer Ted Wheeler. The question will appear on the ballot in November 2014.
The measure would allow the state to sell bonds or use other revenue sources to pay for a grant program to help low- and middle- income students pay for post-secondary education.
If voters approve, a future Legislature would decide whether to fund it and how much money to spend.
Supporters say it would lower the barriers to higher education for students who can't afford tuition fees.
Opponents agree that the cost of education is too high, but say it's irresponsible for the state to take on more debt.
Copyright 2013 The Associated Press.