Not even a day after the FBI announced her "extremely careless" dissemination of sensitive and classified information via a private server, Hillary Clinton proposed a tuition-free college program for roughly 80 percent of American families. Amidst the email traffic scandal, Clinton is moving forward and attempting to handle a new beast: college affordability.
Clinton, the presumptive Democratic presidential nominee, also feels the Bern when it comes to college tuition. But unlike Bernie Sanders - who proposed free public higher education for all - she proposed "debt-free" education for students from families with incomes of up to $125,000. The plan, aimed to entice young voters, would offer free tuition to families earning $85,000 a year at first and gradually increase to a $125,000 threshold by 2021. Furthermore, she pledged to restore year-round Pell grants and impose a three-month moratorium on all repayments for federal student loans, which would allow borrowers to finance their loans or move into income-based repayment options.
Clinton herself cautioned young Bernie supporters in the past saying, "When somebody tells you something is free, ask for the fine print." With a looming national debt exceeding $19T ($1.3T of which is student loan debt), freebies may seem appealing. However, the issue of tuition inflation persists. Incentives such as these are not available to hardworking parents and incentivize families to make a calculated goal to meet the bare minimum requirements, and nothing beyond it. Furthermore, students who have spent years paying off their student loan debt will not be receiving any reimbursement checks. Many taxpayers who wouldn't receive any benefits from the program (those who have already paid college tuition for their progeny or don't have kids) are forced to pay into programs they may not support.
Though Clinton may face consequences as large as losing her security clearance, she made no comments regarding the FBI's address and instead focused on solving one of the nation's largest debt issues.
In your opinion, do you think a free college education program is feasible? Do you think it will help alleviate or solve the student debt issue? Leave your thoughtful opinions below to start a discussion.
College is expensive. Scholarships.com has done the work for you. Pay for your college education with free college scholarship money. Get matched to college scholarships instantly and start applying today by conducting a free college scholarship search at Scholarships.com.