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Hillary’s Income Redistribution Plan

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Hillary_Clinton_Feb_3_2008Hillary Clinton is proposing that new subsidies be offered to those going off to college as well as to those who have already left.  She would  “refinance” student loans and offer more generous income-based repayment plans. As NRO points out, although Clinton’s plan is not as aggressive as her opponents Bernie Sanders or Martin O’Malley, it does nothing to address the obscenely inflated total cost of a college education today.

It promises, instead of their four years of free college, two free years of community college and four debt-free years at an in-state public university. But the fundamental structure is the same, and it is the same structure that has helped push college costs to the incredible levels where they are today.

Hillary is “amassing a number of superficially appealing, politically shrewd policy proposals on the issues of the day,” writes NRO, including forgiveness of student loans after 20 years. Read more from NRO here.

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Debbie Young

Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, and practicing yoga.

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