Brandon Turbeville
March 2, 2016
Attempting to revive the rhetorical spirit of Franklin D. Roosevelt and the New Deal, Hillary Clinton unveiled her new plan to alleviate the crushing burden of student debt, calling it a “new college compact.” In truth her goal was to bring in a younger demographic and compete with challenger Bernie Sanders.
Clinton claims her new plan would provide an avenue that would allow students to attend college without taking out loans – essentially a tuition-free college experience. The plan involves the Federal government giving out grants to states to assist in their efforts to send students to college debt-free by setting their rates which students can afford without the necessity of taking out loans. The plan also suggests that it would make community college free as well as reducing interest rates for individuals who are already stuck with student loans.[1]
Clinton suggests that she will pay for the grants, free college, and loan refinancing by “cutting tax deductions for the wealthiest Americans,” and “closing loopholes.” Exactly which deductions would be cut and which loopholes would be closed have yet to be unveiled. Likewise, the definition of the term “wealthiest” is still left open ended. Nor has the rate at which the government will refinance student loans been revealed.[2]
Speculation regarding Hillary’s tax hike centers around figures Obama flirted with early on with little success – the $200,000 mark. Still, given Clinton’s history (and the history of all political parasites), one would be justified in worrying whether or not the proposed tax increases and “loophole” elimination will be extended even further down from the middle class to the working class. [3]
Attempting to revive the rhetorical spirit of Franklin D. Roosevelt and the New Deal, Hillary Clinton unveiled her new plan to alleviate the crushing burden of student debt, calling it a “new college compact.” In truth her goal was to bring in a younger demographic and compete with challenger Bernie Sanders.
Clinton claims her new plan would provide an avenue that would allow students to attend college without taking out loans – essentially a tuition-free college experience. The plan involves the Federal government giving out grants to states to assist in their efforts to send students to college debt-free by setting their rates which students can afford without the necessity of taking out loans. The plan also suggests that it would make community college free as well as reducing interest rates for individuals who are already stuck with student loans.[1]
Clinton suggests that she will pay for the grants, free college, and loan refinancing by “cutting tax deductions for the wealthiest Americans,” and “closing loopholes.” Exactly which deductions would be cut and which loopholes would be closed have yet to be unveiled. Likewise, the definition of the term “wealthiest” is still left open ended. Nor has the rate at which the government will refinance student loans been revealed.[2]
Speculation regarding Hillary’s tax hike centers around figures Obama flirted with early on with little success – the $200,000 mark. Still, given Clinton’s history (and the history of all political parasites), one would be justified in worrying whether or not the proposed tax increases and “loophole” elimination will be extended even further down from the middle class to the working class. [3]




















