BREAKING : Donald Trump Proposes Detailed Plan to END STUDENT DEBT

Donald Trump told a crowd of Ohio millennial voters that his plan to revive the economy would solve the college debt program and free them to live successful lives.

From Trump’s speech:

“Students should not be asked to pay more on their loans than they can afford, and the debt should not be an albatross around their necks for the rest of their lives,” he said.

“That is why under my student loan program, we would cap repayment to an affordable portion of a borrower’s income–12.5 percent and if borrowers work hard and make their full payments for 15 years, we will let them get on with their lives,” he said.

From Breitbart:

“The share of 16-to-28-year-olds not in the labor force has increased to 45 percent during the Obama administration,” said Trump, who has targeted Ohio as one of his must-win states. “In a Trump Administration, we will work every day to make America Great Again for millennials.”

Young Americans need a fighting chance, he said.

“We also have to make sure that those who have graduated college and those who are soon to graduate can find a good job to start a good career when they do,” he said.

“First, we will lower the cost of college and solve the student loan crisis,” he said. “Tuition at public four-year institutions was 40 percent higher in the last school year than it was 10 years ago.”

Trump said too many young Americans leave college buried in debt.

“Students should not be asked to pay more on their loans than they can afford, and the debt should not be an albatross around their necks for the rest of their lives,” he said.

“That is why under my student loan program, we would cap repayment to an affordable portion of a borrower’s income–12.5 percent and if borrowers work hard and make their full payments for 15 years, we will let them get on with their lives,” he said.

Government employees get a similar deal right now, he said.

Trump said in addition to addressing the debt burden crushing young Americans, his administration would force colleges cut costs in light of tremendous amount of taxpayers’ money they receive.

“If the federal government is going to subsidize student loans, it has a right to expect that colleges work hard to control costs and invest their resources in their students,” he said.

Trump said he would target the massive endowments that colleges have built up at the same time as tuition and student debt has grown exponentially.

“If colleges refuse to take this responsibility seriously, they will be held accountable–including by reconsidering whether those with huge endowments deserve to keep those endowments tax-exempt,” he said.

“Much of the skyrocketing cost of college education is due to the tremendous bloat in college administrators and bureaucrats,” he said. “According to the Department of Education, the number of college administrators is up more than 60 percent since 1993–10 times the increase in tenured faculty positions.”

“As president, I will immediately take steps to drive down college costs by reducing the unnecessary costs of compliance with federal regulations so that colleges can pass on the savings to students in the form of lower tuition.”

Amy Moreno is a Published Author, Pug Lover & Game of Thrones Nerd. You can follow her on Twitter here and Facebook here.

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