I stumbled across this article that summarizes the U.S. presidential candidates’ plan for managing the costs for higher education. Trump takes a more conservative approach, and Hillary’s plan looks as though she’s been drinking Bernie’s kool-aid. Trump’s plan is pretty much more of the same, so I will not waste any space reviewing his plan, you can do so via this link (https://www.nasfaa.org/2016_presidential_candidates). However, I would like to drawn out a few points related to Hillary’s proposal.
- Hillary is proposing a lower interest rate for those who already have student loan debt. Outstanding!
- She also proposes that students from families with a collective income of $85 or less go to in-state 4-year colleges for free. Brakes!
While the second bullet sounds good in theory, how do you implement such a plan without ticking off those who weren’t afforded the same opportunity. I combed through the rest of Hillary’s plan looking for a loan forgiveness clause–beyond those that already exist. There is nothing mentioned along these lines. If Hillary becomes president, and her plan is implemented…there will be fallout. There will be a large segment of society that are currently enrolled in school that these perks will not apply to. Instead, they will be on a 20 year loan forgiveness track. Unfair much?