Clinton laid out the basics of her New College Compact: – Under the New College Compact, no student should have to borrow to pay tuition at a public college. – Schools will have to control their costs and show more accountability to their students. – States will have to meet their obligation to invest in higher education. – The federal government will increase its investment in education, and won’t profit off student loans. – And millions with student debt will be able to refinance it at lower rates.
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