Clinton to propose $350 billion college affordability plan

Hillary Rodham Clinton
In this July 7, 2015 photo, Democratic presidential candidate Hillary Rodham Clinton speaks during a campaign stop at the Iowa City Public Library in Iowa City, Iowa. Clinton plans to make boosting middle class incomes and wages the focus of her presidential campaign's economic agenda. The Democratic presidential candidate will point to stagnant paychecks as the central challenge faced by the U.S. economy. Clinton will lay out the themes of her economic plan in a speech Monday in New York. (AP Photo/Charlie Neibergall)

WASHINGTON (AP) – Hillary Rodham Clinton is unveiling a $350 billion plan aimed at making college more affordable and reducing the crushing burden of student debt.

At a town hall meeting Monday in New Hampshire, Clinton will propose steps to reduce the cost of four-year public schools, make two-year community colleges tuition-free and cut student loan interest rates.

The plan is an effort to address a financial stress for many American families and satisfy a central demand of the Democratic party’s liberal wing.

States that guarantee “no-loan” tuition at four-year public schools and free tuition at community colleges will be eligible to receive federal funds. Veterans, low-income students and those who complete a national service program would attend college for free.

Clinton will pay for her plan by raising taxes on wealthy families.

(Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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