Regents Will Consider UC-Riverside Student Plan for Alternative to Tuition in March

Back in 1967, the Regents were curious about the goings on in the Los Alamos Nuclear Lab aas the photo on the left shows.  According to a report in today's Inside Higher Ed, the Regents' curiosity this March will focus on a plan (reported in an earlier blog post) by UC-Riverside students for an alternative to tuition.

Essentially, the students' plan would involve payment after graduation as a share of income rather than the current system of upfront payment, either in cash or through a loan.  The proposal is not a new idea.  And it raises issues of logistics, i.e., how actually to collect those payments.

There are also cash flow issues.  What would finance university operations during the period before the payments first began to arrive?  Could the university borrow against an uncertain flow of future payments?  Note that some of those operations involve recycling of tuition receipts to low-income students.

The article is at http://www.insidehighered.com/news/2012/02/02/uc-system-weighs-shift-tuition-payments-after-graduation