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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 741085  
Subject: Early retirement from college Date: 3/30/2001 11:53 PM
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Texas Universities Now Pay You to Leave!

Great story on the local news here in Houston. It seems that the State legislature passed a law in 1997 that gives a $1,000 check to any senior that graduates in 4 years with NO MORE than 3 credits over the minimum required for a degree. If you do extra work, no $1,000 bonus. (The bonus is designed to prevent kids from becoming professional students and extending their college days well beyond 4 years.)

This year's graduating class is the first eligible for the $1,000 bonus. The University of Houston reported that so far, only one student applied for his money. Perhaps he's a budding early retiree. <grin>

See link:

http://www.khou.com/news/stories/7633.html
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