New Jersey Lawmaker Proposes Lottery System to Pay Off Student Loan Debt
Only in New Jersey, as Campus Reform reported:
“There may be a new way to pay off student debt in New Jersey thanks to new legislation proposed by John Burzichelli, a Democrat assemblyman who represents New Jersey’s third legislative district.”
“The legislation, bill A4631, would essentially set up a lottery system, allowing benefactors to purchase tickets and students to register their names for a potential payout. If selected, the student’s debt would be paid off directly to the institution that owns the debt.”
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Spencer Irvine
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