“Slow Boat to China” Now A Fast Train

Michigan Proposes Its Own Pay It Forward Tuition Plan

As USA Today reports, the state legislature in Michigan is reviewing a bill to create a sort of radical new tuition program that’s known as the “pay-it-forward” system. Basically, you go to school for free (“free”), then pay back the school, interest-free, out of your future paycheck. Your payments cover the next kid to go to school for “free.”