床总出台新政策：End Student Debt

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/