Photo courtesy of Pete for America
MARIANNE
WILLIAMSON (D-TX)
Williamson is a supporter of free college or technical school for
every qualified student. If financially unfeasible, she would resort
to payroll tax methods or public service as a repayment option.
She would also like to reduce the Public Service Loan Forgiveness
eligibility from 10 years to five, reduce student loan interest rates,
eliminate origination fees and eliminate the annual caps on
subsidized loans.
President DONAL TRUMP (R-NY)
Trump has proposed deep cuts to the Department of Education,
specifically to student financial aid programs and Pell Grant reserve
funds. He has also proposed eliminating subsidized loans, Public
Service Loan Forgiveness, reducing Federal Work-Study funding,
and increasing risk-sharing with institutions. Instead, Trump has
proposed that student loan forgiveness be made available to all
borrowers with graduate and undergraduate loans who participate in
a single income-driven repayment plan. Under that plan, borrowers
would pay 12.5 percent of their discretionary income and receive
loan forgiveness after 15 years for their federal undergraduate loans
and 25 years for their graduate loans. He also signed an executive
order forgiving all student loan debt for any permanently disabled
military veteran.
Mayor
PETE BUTTIGIEG
(D-IN)
Earlier this year, Mayor Buttigieg
stated that he is opposed to
“free college” because he fears
higher-paid individuals would
benefit at the expense of lower-paid
individuals. He has since
shown support, however, for
debt-free college for low-income
students through a federal/state
partnership, Pell Grant expansion,
and student loan refinancing. He
also says that Historically Black
Colleges and Universities (HBCUs)
deserve to receive more dedicated
support. While he does support
expanding debt relief for teachers
and public servants, he believes
that total debt relief would likely be
too costly for the country. In July,
Buttigieg released a proposal to
increase the number of available
service opportunities from 75,000
to 250,000, and further to 1 million
by 2026.
ANDREW YANG (D-NY)
Yang’s “Bailout for the People” program would partially reduce
student loan debt for recent graduates. He has also proposed a 10x10
Student Loan Emancipation Act in which the government would buy
student loan debt and allow students to opt into a plan to repay it
through pledging 10 percent of their salary per year for 10 years, after
which the remaining balance would be forgiven. Yang also believes
that student debt discharge should be allowed under bankruptcy,
and he also supports a loan forgiveness program for those who work
in rural areas or with underprivileged populations. In addition, Yang
supports greater institutional accountability, lower interest rates
and loan refinancing.
Former Gov BILL WELD (R-MA)
Governor Weld emphasizes the use of online education as a
method to cut down on room and board costs, and he is in support of
covering in-state tuition for workers who have been displaced by the
rising job credential threshold.
CANDIDATES WHO HAVE YET TO TAKE A POSITION
ON HIGHER EDUCATION:
Former Gov. Steve Bullock (D-MT)
Former Rep. Joe Walsh (R-IL)
QNS.COM
16 FALL 2019
/QNS.COM