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OR HB2719
Bill
Status
6/27/2025
Primary Sponsor
Paul Evans
Click for details
AI Summary
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Establishes the Guaranteed Opportunity Program to cover all post-secondary education costs (tuition, fees, textbooks, housing) for Oregon residents ages 18-65 who graduated from an Oregon high school or paid state taxes the previous year, becoming operative January 1, 2045
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Requires participants to repay through a percentage of adjusted gross income after completion: 2% for associate's/certificates, 3% for bachelor's, 4% for master's/law/professional degrees, and 5% for doctorates, continuing until retirement or age 65
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Creates the Guaranteed Opportunity Program Implementation Fund to be financed through legislative appropriations, bonds, gifts, and participant repayments, administered by the Office of Student Access and Completion
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Establishes a 13-member Task Force on Implementing the Guaranteed Opportunity Program to determine bonding needs, analyze repayment percentages, identify grant/scholarship programs to repeal, and address bad faith participation prevention, with report due September 15, 2026
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Requires the Higher Education Coordinating Commission to begin developing implementation policies immediately and report progress during 2026 and 2027 legislative sessions; State Workforce and Talent Development Board must submit biennial reports analyzing workforce needs and recommending program modifications
Legislative Description
Relating to methods of paying for post-secondary education; prescribing an effective date.
Last Action
In committee upon adjournment.
6/27/2025