Bernie Sanders
Related: About this forumHave a question about Bernie's “free tuition ”as opposed to Hillary's “debt-free” tuition
Clinton says she will do her debt-free tuition through student loan financing and a 20-year payback cap. Isn't student loan financing and a 20-year payback cap debt? How is that debt-free tuition. If you owe a student loan how is that debt free?
Link to her speech at a high school.
http://wnyt.com/politics/hillary-clinton-capital-region-visit-cohoes-high-school/4094236/
daleanime
(17,796 posts)she's referring to herself.
Baobab
(4,667 posts)in English. Also, they help pay peoples living expenses. A lot of people end up remaining there.
However, this may not last - its quite possible that the continued existence of free public higher education in Europe (and the US) may be endangered- because of the Trade in Services Agreement and Transatlantic trade and investment partnership, as well as the already existing deal, signed in the 1990s.
Duckhunter935
(16,974 posts)She will just give a 60 minute speech to pay it off
840high
(17,196 posts)Baobab
(4,667 posts)the WTO made the US repeal Glass-Steagall leading to the 2008 financial crash.
But the banking industry has a hold on the WTO and on this country. there is a correlation between banking industry's desire for more and more deregulation, and Clinton's policy, both Bill and Hillary.
Here is the context- here is where she is at-
EUA Council statement on TTIP and TISA
http://www.eua.be/Libraries/publication/EUA_Statement_TTIP.pdf?sfvrsn=2
This goes back some time-
http://www.eua.be/Libraries/higher-education/GATS_en.pdf?sfvrsn=0
Look at why we cant regulate banks-
https://www.citizen.org/documents/memo-gats-conflict-with-bank-size-limits-may-10-2011.pdf
BernieforPres2016
(3,017 posts)Apparently Hillary's "debt free tuition" is an income based way of subsidizing the tuition so that students don't have to borrow money. So a kid from a family with little income gets free tuition, a kid from a moderate income family gets discounted tuition based on what the family should be able to pay without borrowing, and kids from high income families would pay full tuition.
But of course tuition is only part of the cost attending college, along with room and board, books, student activity fees, etc. There would still need to be student debt under either plan, but hopefully substantially reduced to something that doesn't swallow up a big share of income once the person is in the workforce.
http://www.usnews.com/opinion/economic-intelligence/articles/2016-03-11/sanders-and-clinton-arent-that-different-on-debt-free-college
TM99
(8,352 posts)It is the neoliberal way.
jwirr
(39,215 posts)new.
TM99
(8,352 posts)And I bet if I drill down into the details enough, we will find that the 20 year payback cap won't apply to existing student loans but only new ones. Therefore all of her banking buddies still get a shit ton of blood money from those of us like myself who will not be paying student loan debt until I literally am dead. My payback time frame will be rough 50+ years.
Baobab
(4,667 posts)Even big countries like india- by means of deals signed way back in the previous era. during the 90s.
ebayfool
(3,411 posts)That is something that would be important to know!
Baobab
(4,667 posts)a more profitable place for investors - so the WTO is basically fighting democracy for the oligarchs in countries both rich and poor.
ebayfool
(3,411 posts)This is wrong on so many levels - I agree with the pdf ...
snip/
(Higher Education) HE benefits individuals, society and the world at large in ways that are not easily quantifiable. It is a public responsibility to which all citizens have right of access and not a commodity to be transacted by commercial interests on a for-profit basis. It should not be subject to international trade regimes.
I knew we were getting shafted right and left. Doesn't make it any easier finding out that everyone worldwide is as well! How do we fight this many greedy, grasping tentacles?
Baobab
(4,667 posts)use the site:.in operator .
https://www.google.com/search?q=site%3A.in+GATS+WTO+education
ebayfool
(3,411 posts)TY, again!
Response to Autumn (Original post)
Baobab This message was self-deleted by its author.