What do Hillary Clinton and Marco Rubio have in common?As it turns out, both of these presidential candidates have recently come out in favor of large-scale reforms to college funding in the US.
Highlights of the Clinton Plan include full government funding of community colleges, and capping the repayment obligations of student loans to 10% of the graduate’s annual income over 20 years.
Highlights of the Rubio Plan include an “equity financing” model that would allow private investors to pay for a student’s tuition in exchange for a claim on a certain portion of his/her future earnings. The Rubio plan also includes the ability for students to spend part of their federal aid on vocational programs outside of traditional colleges.
Click here to view an interesting article in The Economist. You can also visit the web sites of the Clinton and Rubio campaigns for more details.
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