5min chapter

Planet Money cover image

A new way to pay for college (Update)

Planet Money

CHAPTER

What Is the Difference Between an English Major and an Engineer?

The percentage of income that students have to promise to pay depends on what their major is. There is a cap on what everybody in the program has to pay, two and a half times that amount. The more you make, the more you have to pay - but also the less you have to po ye. Larin promised to pay roughly 15 % of her income for eight years after she graduates. But peru will stop the clock if the students decide they want to bum around europe or go to grad school. On the other hand, if loren gets fired and she doesn't have an income, she doesn't need to pay back anything.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode