Hillary Clinton to unveil $350 billion plan to make higher education affordable

Hillary Clinton.
(Image credit: Bryan Thomas/Getty Images)

On Monday, Hillary Clinton will announce her plan to make college more affordable and accessible for millions of Americans.

Called the New College Compact, the plan would create an incentive program that will give more money to states that agree to offer "no loan" tuition at community colleges and four-year public universities; states that enroll more low- and middle-income students; and states that work with colleges to reduce living expenses for students, The Washington Post reports. The plan would cost $350 billion over the course of 10 years, and Clinton would close tax loopholes to secure funding. More than half of the money would be invested in the states, and one-third would go to lowering interest rates on student loans.

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.