Clinton campaign's 'big ticket item': Tackling college debt
Young voters may soon have another reason to rally for Hillary Clinton, beyond her popularization among millennials as a .
The Democratic presidential frontrunner is about to make her yet on her upcoming visit in New Hampshire, and this one will be all about college, reports Politico.
鈥淭his will be聽the聽big ticket item,鈥� a source with knowledge of her rollout said.
Mrs. Clinton will also appropriate her largest federal budget investment to easing student debt, in hopes of creating a 鈥渕andate to act on college affordability鈥� and garnering support among young voters, added the source.
One major proposal that鈥檚 expected involves creating a partnership between federal and state authorities to increase funding for public colleges. Clinton鈥檚 policy would establish an incentive system to reward states that allocate more money to higher education, several sources told Politico.
The goal would be to ultimately trigger further investment from the federal government and help bring down the costs of tuition overall. The former secretary of state鈥檚 ideas are not wholly dissimilar from President Obama鈥檚 own education initiative, said one source, who cited , a nearly $5 billion grant to the Department of Education.
But unlike her opponents for the Democratic nomination, Sen. Bernie Sanders (I) of Vermont and Maryland Gov. Martin O鈥� Malley, 鈥淐linton is not expected to go as far as some on the left want and call for 鈥榙ebt-free鈥� college,鈥� reported .
How to reduce student loans will be a for many young people this election, as nationwide debt soars above $1.3 trillion, according to the Post.
The fact that Clinton is honing in on the issue is unsurprising, as the former secretary of state made student loan reform a focal point of her education platform when she ran for the presidency in 2008.
鈥淭oo many borrowers around the country are overly burdened or treated unfairly as they repay their student loans,鈥� Clinton told in a 2007 interview. 鈥淭he burden of student-loan debt alone can put people in economic handcuffs and force them out of important but low-paying professions, such as social workers, teachers, and police officers.鈥�
鈥淐linton has not abandoned that concept,鈥� reported , noting that her advisers are now weighing whether to draft another "bill of rights" for those paying off student loans.
Another key proposal would specifically help ease the burden for students attending historically black colleges, according to聽. Clinton is also considering creating a risk-sharing system for schools, which would penalize them if students default or can鈥檛 repay their loans.
鈥淚t鈥檚 hard to relate the rise in cost to the actual product that has certainly changed somewhat but not so dramatically as to justify those costs,鈥� she said during a Q&A session at Twitter鈥檚 headquarters, according to . 鈥淚t鈥檚 going to take a lot of work because there鈥檚 a very strong institutional interest in keeping costs high.鈥�
