Tag Archives: loan forgiveness

Our Presidential Candidates’ Stance on Higher Ed

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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?

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