Calling for a “new college compact,” Hillary Clinton on Monday unveiled a $350 billion plan aimed at making college more affordable and reducing the crushing burden of student debt.
At a town hall meeting in New Hampshire, the state with the highest average student debt in the country, Clinton proposed steps to reduce the cost of four-year public schools, make two-year community colleges tuition-free and cut student loan interest rates, according to campaign aides.
She pitched her plan as a public-private partnership, requiring a contribution from the federal government and states, the colleges and universities and students themselves.
“Americans will have to work hard to put themselves through school to out-learn and out-hustle our competitors, just like we always have,” she told voters gathered at a high school in Exeter, New Hampshire.
The college affordability plan, a main plank of her policy platform, is an effort to address a major financial stress for many American families and satisfy a central demand of the Democratic party’s liberal wing.