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What would Donald Trump do to lower the cost of higher education as president?
Here’s what she said after a Moody’s report claimed Trump’s proposed economic policies would result in millions of lost jobs and a contracting economy.
"He says ‘wages are too high’ and has literally no plans to make higher education more affordable," she said in a press release.
So is it true that the presumptive Republican presidential nominee has "literally no plans" to make higher education more affordable?
After reviewing the candidate’s stated policy positions and various media appearances, we’re pretty confident in saying that Trump has no clearly defined plan to reduce the cost of higher education.
Higher education reform and student loan debt are not detailed on Trump’s campaign website — his "Issues" and "Positions" pages don’t touch on education outside of two short videos of the candidate promising to repeal Common Core. (The federal government is prohibited from directing states to adopt or not adopt the standards.)
The Trump campaign didn’t return emails seeking comment, but the candidate has mentioned student loan debt and the rising cost of college on a few occasions.
In a 22-second Twitter video from last year, Trump called student loan debt a "tremendous problem," but he only made a vague promise to "restructure" it and make college more affordable.
Trump also indirectly addressed rising student loan debt during a question-and-answer session with students at Simpson College in Iowa, acknowledging it as a "huge problem" but identifying job creation and "great leadership" as ways to fix the problem.
But other than a handful of interviews, Trump hasn’t described how exactly he’d make college more affordable.
It’s a far cry from 2012 Republican presidential nominee Mitt Romney, who in May 2012 released a 35-page white paper in part detailing his plans to reshape higher education policy. And 2008 GOP nominee John McCain also proposed several specific higher education policy changes on his campaign website.
Trump’s likely Democratic opponent, Hillary Clinton, has spoken at length about her plans for higher education. She released her "New College Compact" plan in August 2015.
The closest thing the Trump campaign has to a "higher education plan" was revealed in a Inside Higher Ed interview with Trump’s national co-chairman and policy director, Sam Clovis.
Clovis said a Trump administration would focus on overhauling the student loan system by transitioning the responsibility for lending from the government to private banks, and floated the idea of basing loan eligibility on which majors college students pick.
"If you are going to study 16th century French art, more power to you. I support the arts," Clovis said in a May interview. "But you are not going to get a job."
So Trump’s closest thing to a higher education "plan" is returning to a system where private banks, not the federal government, would extend loans to students while requiring colleges to have more "skin in the game."
As PolitiFact has previously reported, the federal government in 1965 took several steps to help more students attend college, including guaranteeing loans against default and promising a set interest rate to banks extending the loans to students.
That changed in 2010, when Democrats approved a new law cutting out the bank subsidies and replacing them with direct loans overseen by federal agencies and funded by the U.S. Treasury.
High-profile critics like Trump and Sen. Elizabeth Warren. D-Mass., have panned the change as generating profit on the backs of over-burdened college students, but it’s not clear that a shift to the old system or Trump’s proposal would make college cheaper.
Nevada Democratic Party chair Roberta Lange says Donald Trump "literally has no plans to make higher education more affordable."
Trump hasn’t released any sort of traditional higher education reform plan — much less any details on how to make college more affordable — unlike Clinton, Romney and McCain. However, Trump has commented several times on the spiraling cost of student loan debt and said he doesn’t want the federal government making a profit on the backs of students.
For Trump's lack of specifics, we rate Lange's statement Mostly True.https://www.sharethefacts.co/share/27d63b91-1b90-4ea9-9023-82f0ee09ff46
Email interview with Stewart Boss, NV Dems spokesman, June 27, 2016
USA Today, "This is Trump's stance on student loans — and it could hurt poor students," June 22, 2016
Nevada Democrats, "NV DEMS CHAIR: DONALD TRUMP WOULD BE AN UNMITIGATED DISASTER FOR NEVADA’S ECONOMY," June 21, 2016
CNBC, "Trump's policies would cause 'lengthy recession': Moody's," June 21, 2016
Inside Higher Ed, "Trump's Emerging Higher Ed Platform," May 13, 2016
U.S. News & World Report, "GOP Candidates Probably Can't Repeal Common Core," March 4, 2016
YouTube, "Broken Education System" Feb. 29, 2016
PolitiFact, "Uncle Sam is on track to make $66 billion profit off 6 years of student loans, Elizabeth Warren says," Oct. 1, 2015
Hillary Clinton campaign website, "College Compact: Costs Won’t Be a Barrier," August 10, 2015
The Hill, "Trump: Why is federal government making money on student loans?" July 23, 2015
YouTube, "Donald Trump on Student Loan Debt," April 8, 2015
Inside Higher Ed, "Romney’s Higher Ed Platform," May 24, 2012
Scribd, "A Chance for Every Child," May 23, 2012
PolitiFact, "Rob Portman says student loan money was used to cover health care reform," May 14, 2012
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