The State of Oregon is considering establishing a social insurance vehicle for higher education because high student debt levels are hurting the economy by stopping graduates from buying homes or opening businesses.The State of Oregon is considering establishing a social insurance vehicle for higher education because high student debt levels are hurting the economy by stopping graduates from buying homes or opening businesses. (Jacquelyn Martin/Associated Press)

Broke American students are streaming into Canadian colleges and universities trying to avoid the crushing debt that accompanies U.S. tuition. So what do Canadian students do? They might take inspiration from an idea out of Oregon: pay-what-you-can later when you're working. With so many tuition cheques already due, The Current's Project Money looks at the pros and cons of the Pay-It-Forward proposal.