Finance

Is Hilary Clinton's College Plan Really Plausible?

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Is Hillary Clinton's college plan really plausible? This is a question that still remains unanswered, because in an analysis by the Committee for a Responsible Federal Budget (CRFB), it is found that Clinton's college plan for students would add $500 billion to the national debt, in contrary to Clinton's claim that she can make the plan materialize without adding a penny to the country's debt.

"I want to make college debt-free and for families making less than a hundred twenty five thousand dollars," said Clinton. "You will not get a tuition bill from a public college or a university if the plan that I worked on with Bernie Sanders is enacted."

Just this year, Clinton refused to embrace the proposal of her opponent Bernie Sanders about offering a free college plan, and now she has agreed on the Sanders plan, although hers does not exactly follow the outline of Sanders' project.

Clinton's plan proposes free public college education for students coming from families whose earnings are less than $85,000 yearly. She promised that the students who would want to avail of the free public education would not even need to apply for loans. However, it seems to be barely possible to make all of these happen without affecting the national debt.

During a debate last Wednesday, Trump said that the college plan of Clinton would only result to increasing the taxes of the Americans. "Her plan is going to raise taxes and even double your taxes," said Trump. "We will have a massive, massive tax increase under Hillary Clinton's plan," he added.

Robert Kelchen, assistant professor of higher education at Seton Hall University, doubts that the plan was even going to happen. "This plan probably won't end up happening," he said. "The tuition-free part, that's something that could end up encouraging up more students to go to college-but it could also potentially squeeze lower-class out of public colleges," he also added.

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