> The article doesn't really have information on the Purdue system other than saying that it might cost high-earning students 250% of the price of their educati

> The article doesn't really have information on the Purdue system other than saying that it might cost high-earning students 250% of the price of their education. tl;dr; on that is you borrow a certain amount (that you choose, but is capped by the program). In exchange, you pledge a certain percentage of your income every month for a certain number of months (5-10 years generally) [0]. The maximum amount you'll repay is capped at 2.5x the loan amount (i.e. if you borrow $10k, you'll repay a max of $25k). Practically speaking, the gist of the program is that it's good for students with middle income career outlooks, but terrible for students with high income career outlooks (i.e. talented CS majors) since you'll end up paying more than a traditional loan. [0]: The percentage pledged varies by the loaned amount and major. The number of months seemingly only varies by major. You can play with the calculator here: https://compare.vemo.com/ https://compare.vemo.com/ Purdue's program: https://www.purdue.edu/backaboiler/index.php https://www.purdue.edu/backaboiler/index.php