Earlier this month, Hillary Clinton unveiled her plan to make college more affordable. The plan, titled the New College Compact, would allow students to attend a four-year public college without taking out loans for tuition, while also providing states with higher enrollments of low- and middle-income students with more funding.
The Compact would cost $350 billion over the next ten years, and would primarily be paid for through closing tax loopholes and capping tax deductions wealthy families can take on tax returns. The plan is certainly based in good intentions. After all, the average college tuition for a four-year public institution grew more than 150 percent between 1980 and 2012, with one reason being a decrease in public investment
The Compact would cost $350 billion over the next ten years, and would primarily be paid for through closing tax loopholes and capping tax deductions wealthy families can take on tax returns. The plan is certainly based in good intentions. After all, the average college tuition for a four-year public institution grew more than 150 percent between 1980 and 2012, with one reason being a decrease in public investment