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Hilary Clinton to Offer 10-Year College Tuition Plan

11 AUG 2015
Career Path : Education News
Graduation cap on a pile of coins

Democratic presidential candidate Hilary Clinton unveiled her college affordability plan during a campaign event yesterday, and it aims to make higher education more affordable for American students. Clinton hopes to achieve this ambitious goal by lowering student interest rates, reducing the price of a degree at public colleges, and providing grants to colleges that are improving their graduation rates. The plan is expected to cost approximately $350 billion over the next 10 years, and it would rely on a federal-state partnership.

Clinton’s strategy to pay for the plan is to eliminate or reduce tax deductions for wealthier families. Of course, Republicans are unhappy with this portion of the plan. In fact, a spokesman for America Rising PAC (an anti-Clinton group) stated “what Hilary Clinton won’t say is that her new $350 billion spending plan comes at the expense of charities across the country as she limits the deduction for charitable giving.”

Of course, Clinton insists that Americans need to start investing in education. The presidential candidate’s campaign released a video showing the immense number of students who have been burdened with student debt. The video argues that “higher education should be a right, not a privilege for those who can afford it.”

What are your thoughts on Hilary Clinton’s college affordability plan?

Source: CNN Politics