On Monday, Hillary Rodham Clinton unveiled what she is calling the “New College Compact” in which she pledges to make college more affordable for students. She proposes to accomplish this by making more grants and low interest loans available while lowering the cost of education. The plan is estimated to cost $350 billion over 10 years. Speaking at Exeter High School, she said, “College is supposed to help people achieve their dreams, but more and more paying for college actually pushes those dreams further and further out of reach. That is a betrayal of everything college is supposed to represents.”
The plan includes a number of proposals to keep tuition low and the schools invested in their students. One of the proposals is called “skin-in-the-game” where a college is fined for any student who cannot pay off their student loans. She would continue President Barack Obama’s plan to provide free community college, crack down on for-profit institutions, and simplify income-based repayment plans for student loan borrowers. Read more about the plan HERE. Clinton outlined her plan in a speech given at Exeter high school and took questions from those in attendance. Then, she held a press conference answering questions from reporters.
On Tuesday, Clinton remained in New Hampshire and took her college affordability plan to River Valley Community College in Claremont. Clinton discussed the plan she unveiled on Monday, but went further attacking Republican presidential candidate Scott Walker for cutting higher education funding as governor of Wisconsin. She said, “You take somebody like Governor Walker of Wisconsin who seems to be delighted in slashing the investment in higher education in his state. Eliminating the opportunities for young people who are doctors or dentists to actually work in underserved areas in return for having their debts relieved; ending scholarships for poor kids; and most surprisingly to me, rejecting legislation that would have made it tax deductible for you, on your income tax, to deduct the amount of your loan payment.” A video from Clinton’s speech on Tuesday is below:
The Clinton campaign also released a video on college affordability which can be seen below: