[al_c]

Doesn’t sound free to me.

[Busywhiskers]

It will be relatively free for liberal arts and women’s studies majors who are unlikely to generate any income after they graduate.

[Steve_Seattle]

"Doesn’t sound free to me."

I agree. If you have to pay something back, it isn't free.

[Steve_Seattle]

According to the University of Oregon site, you need 220 credits for a BA or BS degree. Tuition is currently $9,300/yr (resident) and $28,000/yr (non-resident). Multiply by 4, and you get about $37,000 and $112,000. (Assuming you graduate in 4 years, which many students do not - the tuition is based in 15 credits/quarter, and - unless you attend summer school - it would take five years to get the required credits.) So for five years, the figures would be $46,000 and $140,000.

If we take a middle figure of $40,000 and $120,000 and average it over 20 years, we come up with $2,000/yr and $6,000/yr. Dividing by 12, we get a monthly payment - assuming no interest - of $167.00 and $500.00. Doesn't sound free to me.