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Tag: student loans

AP Photo/Charlie Neibergall

Hillary’s College Plan: Bribe Kids to Vote Dem

The Wall Street Journal calls Clinton’s plan an “attempt to address a source of anxiety for American families while advancing one of the left’s most sweeping new ideas.” It’s no surprise the Left did everything it could to heighten that anxiety before terrorizing people into a “solution” that would spread its sweeping ideas. The WSJ dryly notes that information about Hillary’s plan “will be a key element of campaigning on college campuses this fall.” I’ll just bet it will.

Kamala Harris (AP)

Kamala Wants to Cancel Billions in Corinthian College Student Loans

Harris stated that she may be able to wipe out student loans through a “closed-school loan discharge”, a rule that provides students with debt relief if they cannot complete their education because their school closed. But “closed-school loan discharge” means former students are not eligible for debt relief, and students that try to transfer with completed class credits lose their eligibility for any debt relief.

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Study: Over 27% of Student Loans Are in Default

A university degree was once perceived as the social elevator to a higher net worth. But the Federal Reserve Bank of New York estimates that 40 million Americans have racked up an average of four loans with an outstanding net balance of $29,000 to obtain a college education.