WASHINGTON (AP) — Calling for a "new college compact," Hillary Rodham Clinton on Monday will unveil a $350 billion plan aimed at making college more affordable and reducing the crushing burden of student debt.At a town hall meeting in New Hampshire, the state with the highest average student debt in the country, Clinton will propose steps to reduce the cost of four-year public schools, make two-year community colleges tuition-free and cut student loan interest rates, according to campaign aides.The college affordability plan, a main plank of her policy platform, is an effort to address a major financial stress for many American families and satisfy a central demand of the Democratic party's liberal wing.The proposal centers on a $200 billion federal incentive system aimed at encouraging states to expand their investments in higher education and cut student costs.
Clinton To Propose $350 Billion College Affordability Plan
Lisa Lerer, Business Insider
Sun, 08/09/2015 - 9:04pm
Topics: washington ap calling hillary rodham clinton hampshire democratic vermont sen bernie sanders wall street carmel martin center american progress president barack obama department congress board massachusetts sen elizabeth warren kirkland community college monticello iowa april white house clinton obama propose billion college affordability plan students debt student families public proposal campaign four-year universities free policy tuition percent federal higher liberal average aides colleges costs school receive loan presidential expand states interest including highest burden annual rates schools cost aimed cut year face effort issue funds party national major repayment decade ten tax education
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