Rubio branches out with education reform push

Stefanie Botelho's picture

Rubio's most far-reaching proposal calls for private investment groups to pay for tuition in exchange for a percentage of future earnings. It would not replace federally subsidized student loans, but instead provide an alternative to students who don’t want to take on tens of thousands of dollars in debts.

Investors would consider a student’s area of study, the quality of the institution he or she attends and past academic performance before deciding whether to invest in the student.

“We must create alternatives to our current system of accessing and paying for higher education,” he said.

Read more