A 4418
"Education Investment Act"; establishes an equity financing for education program at certain public institutions of higher education.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
The Education Investment Act establishes a new program at New Jersey public colleges and universities to provide students with income-based repayment options for their education. Under this program, students can defer tuition payments until after graduation and then repay a fixed percentage of their income over a set period. Participating institutions can partner with third-party investors to cover program costs, creating an alternative financing model for higher education.
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Primary sponsor
Jay Webber
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