l****z
发帖数: 29846 | 1 Clinton's student debt reforms help families, cost taxpayers
By JOSH BOAK | August 11, 2015 | 5:55 PM EDT
WASHINGTON (AP) — Hillary Rodham Clinton's plan to make college more
affordable and ease the burden of student debt could easily end up costing
more than her proposed $350 billion.
Clinton's plan essentially shifts more of the financial burden of college
from students and their families to taxpayers. Much of the $350 billion she
wants to spend over 10 years would help provide debt-free tuition at public
colleges, but many students would still be on the hook for food and housing.
And for the plan to generate all the economic benefits it envisions, the
reforms would need to both reduce the rising costs of higher education while
increasing graduation rates.
Each challenge reflects the difficulty of transforming a higher-education
system increasingly dependent on personal debt.
The amount of outstanding educational loans has nearly tripled over the past
decade to $1.3 trillion, a reflection of the rising costs of college, an
economy where more entry level jobs require undergraduate degrees and
relatively stagnant personal incomes that have made it difficult for parents
to save for their children's education.
Clinton sees a decline in state government support as driving that surge in
student debt. Her plan would use federal incentives to ensure state colleges
charge reasonable tuitions that students could afford without taking on
debt. It would also allow students to repay their student debt at lower
rates than today and limit payments to a share of their income, while
forgiving any lingering balance after 20 years.
"We will make sure that costs won't be a barrier," the Democratic
presidential candidate said Monday. "And we will make sure the federal
government and states step up to help pay the cost, so the burden doesn't
fall on families alone."
But more than half of the average $18,943 sticker price at a four-year
public university is room and board, according to the College Board. While
the Clinton plan would make Pell Grants eligible to pay for such expenses,
the average grant of $2,435 isn't enough to cover all those costs.
That means some students, and their families, are still likely to need to
take on debt to go to college.
By attempting to contain college costs primarily at public institutions,
Clinton's plan could also put taxpayers at the state and federal level on
the hook for more than $350 billion. Enticed by the prospect of debt-free
tuition, students who once would have attended a private school could opt
instead for a state university or community college.
"This proposal will likely increase the numbers of students enrolled in
public institutions substantially — people consume more of pretty much
anything when the price to them is reduced," said Monica Herk, vice
president of education research at the Committee for Economic Development, a
Washington-based think tank.
This influx of students would potentially require the state and federal
government to dramatically increase their funding for state schools, pushing
the plan's price tag upward.
Clinton argues that her proposal would increase the number of people
completing college, and because college graduates earn more on average than
those with only a high school diploma and are less likely to be unemployed,
this would translate into a boost in overall economic growth.
Those higher incomes also lead to increased tax revenues, said Carmel Martin
, executive vice president of policy at the Center for American Progress, a
liberal think tank with links to the Clinton campaign.
That's money that could potentially be used to pay for the increased costs
of more students attending public schools. But for the broader economic
benefits to accrue, the Clinton plan would also need to increase graduation
rates.
Less than 60 percent of college students complete a degree within six years
— and without a degree they would lack the income to provide the additional
economic gains Clinton is banking on.
The Clinton campaign has pledged to raise graduation rates, but education
experts said the proposal fails to address poverty and other factors beyond
cost and debt that also affect students' ability to complete a degree.
Without a higher graduation rate, the proposal "steers $140 billion to zero-
return investments," notes an analysis by the American Action Forum, a
conservative group. "There is no actual policy within the plan" to raise
graduation rates, the analysis said.
And even if graduation rates improved, the plan lacks a mechanism to direct
more students into lucrative majors. There is a $3.4 million gap in lifetime
earnings between the highest- and lowest-paying college majors, which is
three times larger than the gap in lifetime wage of college and high school
graduates, according to a 2015 report by the Georgetown University Center on
Education and the Workforce.
Yet federal financial aid treats all majors as equal. The consequence is
that people pursue degrees with modest economic returns for themselves and
society, said Diana Furchtgott-Roth, co-author of "Disinherited: How
Washington is Betraying America's Young" and an economist at the center-
right Manhattan Institute for Policy Research.
"The program that Hillary Clinton is proposing is well-intentioned," she
said, "but it's not addressing the fundamental problems in higher education.
" | T*********I
发帖数: 10729 | | t**c
发帖数: 480 | | j*****v
发帖数: 7717 | 4 豬党最擅長的就是製造問題，然後再製造另一個更大的問題來解決前面的問題。製造政
策讓銀行貸款給無數差生上野雞大學，導致其他州立大學分得的資源緊張，學費上漲。
而大量野雞大學畢業的找不到工作，負債累累。現在就用納稅人的錢來填。
老婊子最新的政策是所有兩年制大學免費，錢從哪裡出大家自己想。
【在 t**c 的大作中提到】
: 美国的学费是个大毒瘤
: 一门课要几千刀
| a*********a
发帖数: 3656 | 5 哈哈，我当年上大学就是公费，社会主义好啊！
she
public
housing.
【在 l****z 的大作中提到】
: Clinton's student debt reforms help families, cost taxpayers
: By JOSH BOAK | August 11, 2015 | 5:55 PM EDT
: WASHINGTON (AP) — Hillary Rodham Clinton's plan to make college more
: affordable and ease the burden of student debt could easily end up costing
: more than her proposed $350 billion.
: Clinton's plan essentially shifts more of the financial burden of college
: from students and their families to taxpayers. Much of the $350 billion she
: wants to spend over 10 years would help provide debt-free tuition at public
: colleges, but many students would still be on the hook for food and housing.
: And for the plan to generate all the economic benefits it envisions, the
| V**3
发帖数: 12756 | 6 这老逼养的又甩给纳税人一个大包袱，然后自己拿着20万美元出场费走人？
我操
she
public
housing.
【在 l****z 的大作中提到】
: Clinton's student debt reforms help families, cost taxpayers
: By JOSH BOAK | August 11, 2015 | 5:55 PM EDT
: WASHINGTON (AP) — Hillary Rodham Clinton's plan to make college more
: affordable and ease the burden of student debt could easily end up costing
: more than her proposed $350 billion.
: Clinton's plan essentially shifts more of the financial burden of college
: from students and their families to taxpayers. Much of the $350 billion she
: wants to spend over 10 years would help provide debt-free tuition at public
: colleges, but many students would still be on the hook for food and housing.
: And for the plan to generate all the economic benefits it envisions, the
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