Experts: Clinton’s college plan could be a boon for Nev.
By Ian Whitaker, Las Vegas Sun
Hillary Clinton’s plan for lowering the cost of higher education and reducing the roughly $1.2 trillion student loan debt held by American students could strengthen Nevada’s post-secondary institutions while saving money for the state’s college students, local education experts say.
But if you think those benefits would be enough for the state to embrace the plan, those same experts say, you don’t know Nevada.
Clinton’s “New College Compact” would funnel $350 billion toward states that agree to increase funding for higher education and make sure students are graduating on time. One-third of the funding would be set aside to allow students to refinance existing loans at lower interest rates, while the rest would go toward grants designed to keep costs down for state colleges and universities, as well as make community college free.