Hillary Proposes a Debt-Free College Tuition Plan
And it’s only going to cost an estimated $350 billion over ten years.
The Wall Street Journal reports:
Hillary Clinton Proposes Debt-Free Tuition at Public Colleges
WASHINGTON— Hillary Clinton is proposing an expansive program aimed at enabling students to attend public colleges and universities without taking on loans for tuition, her attempt to address a source of anxiety for American families while advancing one of the left’s most sweeping new ideas.
The plan—dubbed the “New College Compact” and estimated to cost $350 billion over 10 years—would fundamentally reshape the federal government’s role in higher education by offering new federal money, but with strings attached.
States would have to increase their own spending on higher education, and universities would be required to control spending, though the Democratic presidential front-runner hasn’t yet worked out details. Families still would be required to contribute, but students wouldn’t have to take out loans to attend public schools.
“Imagine what is possible in America if we tackle the runaway costs of higher education, make sure that students who start college can finish with a degree, and relieve the crushing burden of student debt,” the Clinton campaign said in a fact sheet outlining the plan.
Hillary Clinton Proposes Debt-Free Tuition at Public Colleges (Wall Street Journal)