Hillary Clinton Readies Student Loan Reform Rollout

August 9, 2015
  • Industry News
  • election
  • loan reform

After the dust settles from the Republican debate and before she breaks from the campaign trail for her Hamptons vacation, Hillary Clinton on Monday will roll out what is expected to be the most detailed and costly plank of her campaign: her policy proposals for student loan reform.

"This will be the big ticket item," a source with knowledge of her rollout said, noting that in terms of her federal budgetary priorities, her plan for student loans will involve the largest investment. The source said the hope was to create a "mandate to act on college affordability" and generate enthusiasm for the campaign around a galvanizing issue for young voters. The announcement is expected to be made at a campaign stop in New Hampshire.

As part of her plan, Clinton is expected to unveil a federal-state partnership to increase funding for public colleges and universities, several sources said. The proposal is expected to create an incentive system for states to increase their investments in higher education — a commitment to increasing public college funding would trigger further investment from the federal government, reducing tuition overall and, more specifically, the portion financed by the student.

Read Politico: http://www.politico.com/story/2015/08/hillary-clinton-readies-student-loan-reform-rollout-121117.html