What is Pay It Forward and how does it work?


Pay It Forward is an innovative rethinking of how students access higher education. Under Pay It Forward, students attend college with no upfront tuition or fees. Instead, they contribute a small, fixed percentage of their income after graduation (1% to 5%) for a set number of years (15 to 25) into a public higher education trust fund. This fund becomes self-sustaining within one generation and provides college access to the next generation of students, giving each generation the same opportunity to attend college tuition-free. The actual percentage contribution and number of years would vary depending on the Pay It Forward plans established by each state.