I’m supporting
Hillary Clinton for president, but I’m not getting behind her recently
announced $350 billion plan to get kids through college without piling on the
student debt.
The essence of her
plan is to throw federal aid to colleges so that students don’t have to borrow
money to pay for a degree.
This approach does
nothing to investigate and reduce the cost of a degree. It costs too much at
too many colleges to finish the degree program. That burden must be changed.
We
need to show students how to attend colleges that cost less than average. We
need to stop giving federal aid to students who attend colleges with outrageous
costs and poor graduation rates. We need to figure out how to offer the
essentials of college degree work without paying $50,000 or $60,000 a year.
And
by the way, Yahoo Finance makes an interesting point here. Much of the nation’s
$1 trillion in student debt is held by graduate students, many of whom are on
the hook to pay off more than $100,000. What are they thinking?
Copyright © Richard Carl Subber 2015 All rights reserved.
No comments:
Post a Comment