BREAKING : Donald Trump Proposes Detailed Plan to END STUDENT DEBT
Breaking News By Amy Moreno October 14, 2016
Donald Trump told a crowd of Ohio millennial voters that his plan to revive
the economy would solve the college debt program and free them to live
successful lives.
From Trump’s speech:
“Students should not be asked to pay more on their loans than they can
afford, and the debt should not be an albatross around their necks for the
rest of their lives,” he said.
“That is why under my student loan program, we would cap repayment to an
affordable portion of a borrower’s income–12.5 percent and if borrowers
work hard and make their full payments for 15 years, we will let them get on
with their lives,” he said.
From Breitbart:
“The share of 16-to-28-year-olds not in the labor force has increased
to 45 percent during the Obama administration,” said Trump, who has
targeted Ohio as one of his must-win states. “In a Trump Administration, we
will work every day to make America Great Again for millennials.”
Young Americans need a fighting chance, he said.
“We also have to make sure that those who have graduated college and
those who are soon to graduate can find a good job to start a good career
when they do,” he said.
“First, we will lower the cost of college and solve the student loan
crisis,” he said. “Tuition at public four-year institutions was 40 percent
higher in the last school year than it was 10 years ago.”
Trump said too many young Americans leave college buried in debt.
“Students should not be asked to pay more on their loans than they can
afford, and the debt should not be an albatross around their necks for the
rest of their lives,” he said.
“That is why under my student loan program, we would cap repayment to
an affordable portion of a borrower’s income–12.5 percent and if borrowers
work hard and make their full payments for 15 years, we will let them get
on with their lives,” he said.
Government employees get a similar deal right now, he said.
Trump said in addition to addressing the debt burden crushing young
Americans, his administration would force colleges cut costs in light of
tremendous amount of taxpayers’ money they receive.
“If the federal government is going to subsidize student loans, it has
a right to expect that colleges work hard to control costs and invest their
resources in their students,” he said.
Trump said he would target the massive endowments that colleges have
built up at the same time as tuition and student debt has grown
exponentially.
“If colleges refuse to take this responsibility seriously, they will be
held accountable–including by reconsidering whether those with huge
endowments deserve to keep those endowments tax-exempt,” he said.
“Much of the skyrocketing cost of college education is due to the
tremendous bloat in college administrators and bureaucrats,” he said. “
According to the Department of Education, the number of college
administrators is up more than 60 percent since 1993–10 times the increase
in tenured faculty positions.”
“As president, I will immediately take steps to drive down college
costs by reducing the unnecessary costs of compliance with federal
regulations so that colleges can pass on the savings to students in the form
of lower tuition.”
http://truthfeed.com/breaking-donald-trump-proposes-detailed-plan-to-end-student-debt/29471/
床总出台新政策:End Student Debt
所有跟帖:
• a message to all young people. Please send the message out to al -pinman- ♀ (0 bytes) () 10/14/2016 postreply 14:59:27
• 房贷用房子作抵押。违约后房子就抵押给银行了。 -LAChinese- ♂ (48 bytes) () 10/14/2016 postreply 15:40:43
• 不是"让父母接着还“: 是父母自己还自己借的债。 -LAChinese- ♂ (0 bytes) () 10/14/2016 postreply 15:42:29
• 什么是担保? -LAChinese- ♂ (0 bytes) () 10/14/2016 postreply 15:48:33
• Agree. End student debt means end student loan. -LAChinese- ♂ (164 bytes) () 10/14/2016 postreply 16:02:00
• 通胀也上去了,可以加息了,为啥不干尼 -daveut- ♂ (0 bytes) () 10/14/2016 postreply 15:47:02
• 闯王也开始开空头支票了,慷国家之慨,民主的弊端出来了,这还是加拿大好点,我老大大学快上完了,不但没债,反而自己攒了16K加元 -_学无止境- ♂ (101 bytes) () 10/14/2016 postreply 17:53:45