Experts: Clinton’s college plan could be a boon for Nevada

[riversedge]

http://lasvegassun.com/news/2015/sep/01/experts-clintons-college-plan-could-be-boon-nevada/#.VeWvtzKTe34.twitter


Experts: Clinton’s college plan could be a boon for Nevada
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Steve Marcus


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Democratic presidential candidate and former Secretary of State Hillary Rodham Clinton arrives for a town-hall meeting at the Pearson Community Center in North Las Vegas Tuesday, Aug. 18, 2015.

By Ian Whitaker (contact)

Tuesday, Sept. 1, 2015 | 2 a.m.

Hillary Rodham Clinton's plan for lowering the cost of higher education and reducing the roughly $1.2 trillion student loan debt held by American students could strengthen Nevada's postsecondary institutions while saving money for the state's college students, local education experts say.

But if you think those benefits would be enough for the state to embrace the plan, those same experts say, you don't know Nevada.

Clinton's "New College Compact" would funnel $350 billion toward states that agree to increase funding for higher education and make sure students are graduating on time. One-third of the funding would be set aside to allow students to refinance existing loans at lower interest rates, while the rest would go toward grants designed to keep costs down for state colleges and universities, as well as make community college free.

Universities and community colleges would benefit by drawing the grants and more state funding, while the Clinton campaign claims that a Nevada family making less than $25,000 a year would save $30,000 in college expenses over four years. In addition, the camp says, a student who takes out around $30,000 in loans would save $4,000 in interest.................

[HassleCat]

1. Other countries can do it

All those "Eurotrash" people get to attend college free if they qualify. See what I did there? "...if they qualify." Clinton and Sanders are both advancing proposals that would simply pour money into system that's more about profit than education. I want to see safeguards to prevent federal money (my tax dollars) from going to Bob Jones University and various crackpot religious schools, the thousands of bogus colleges offering "exciting careers in medical records" and similar stuff.

[arcane1]

3. I thought the Sanders plan only dealt with public colleges, not private ones.

I won't be at all surprised if the Clinton plan includes giving more money to private schools.

[Fawke Em]

7. His does.

His calls for a cents-on-the-trade tax for Wall Street speculation to pay for free college tuition to public colleges and universities and a reduction in interest rates for existing student loans.

Bernie does say that you have to qualify to get into college, as well - meaning your grades and testing must match the college's criteria - but it is limited to public colleges and universities.

[John Poet]

2. Of course, Hillary would never be able to get any such plan

through a Republican congress....

Hillary supporters have always been so helpful to point out the existence of the Republican congress when discussing Bernie's proposals, so I thought I'd just return the favor by doing the same thing here. You're all welcome, in advance.

[SonderWoman]

5. Its not Repub congress that Bernie will obviously have trouble with...

Its the Dem congress as well. Which is why he doesn't have any endorsements; because he has spent 30 years trashing his party. Meaning he can't even rally his own troops.

[Fawke Em]

6. New word meaning alert.

Caucusing with now = trashing.

Voting with now = trashing.

[Amimnoch]

4. K&R!!