Kentucky Chamber Tackles Post-Secondary Education Affordability
Last week, Dave Adkisson, President and CEO of the Kentucky Chamber, unveiled a plan to ensure that students in the Commonwealth who want to attend college will be able to pay for it.
The Guaranteed Affordability Program, or GAP, would to split the cost of college among students, families, schools and the government. Under GAP, students would contribute an amount equal to what they could earn from a minimum wage job with a 40-hour work week during the summer and a 10 hour per week during the school year. That contribution could come from scholarships. Families would contribute an amount determined by federal financial aid guidelines, and the state would make up the difference.
Adkisson presented the ambitious plan to a legislative subcommittee for consideration and called on lawmakers to have the system in place by 2010.
To learn more about the Kentucky Chamber's plan check out their press release and the following news articles:
Click to link to the Kentucky Chamber press release.
Click to read the story from the Lexington Herald-Leader.