Trump wants colleges to take on more 'financial risk' from student loan debt


There's more to President Trump's free speech order than meets the ear.
In a Thursday press conference, Trump railed against colleges and universities for becoming "increasingly hostile to free speech." So he said he's unveiling an executive order to punish those "anti-First Amendment institutions" by withholding their federal research funds — while simultaneously tackling the ballooning student loan industry.
Millions of Americans hold a collective $1.5 trillion in student debt, per the most recent Federal Reserve statistics. Trump's order tackles that problem in some fairly expected ways: Crafting a federal website that shows students their loan "risks" and "repayment options," and making sure colleges educate students on those same things. Yet CBS News' Kathryn Watson also highlighted a more unexpected part of Trump's Thursday conference:
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The details of that proposed proposal aren't included in the actual text of the order, so it's unclear just how the Department of Education will make it happen. Trump also didn't elaborate much further, instead just going on to share how much he loves loans. Kathryn Krawczyk
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
Art Review: Hilma af Klint's What Stands Behind the Flowers
Feature Museum of Modern Art, New York City, through Sept. 27
-
Not just a number: how aging rates vary by country
The explainer Inequality is a key factor
-
'There will be a market incentive to build wind and solar anyway'
Instant Opinion Opinion, comment and editorials of the day
-
Trump administration releases MLK files
Speed Read Newly released documents on the 1968 assassination of the Rev. Dr. Martin Luther King Jr. did not hold any new revelations, King historians said
-
Japan's prime minister feels pressure after election losses
Speed Read Shigeru Ishiba has vowed to remain in office
-
President diagnosed with 'chronic venous insufficiency'
Speed Read The vein disorder has given Trump swollen ankles and visible bruising on his hands
-
'Bawdy' Trump letter supercharges Epstein scandal
Speed Read The Wall Street Journal published details of Trump's alleged birthday letter to Epstein
-
Fed chair Powell in Trump's firing line
Speed Read The president considers removing Federal Reserve Chairman Jerome Powell
-
Trump trashes supporters over Epstein files
speed read The president lashed out on social media following criticism of his administration's Jeffrey Epstein investigation
-
Judge nixes wiping medical debt from credit checks
Speed Read Medical debt can now be included in credit reports
-
Grijalva wins Democratic special primary for Arizona
Speed Read She will go up against Republican nominee Daniel Butierez to fill the US House seat her father held until his death earlier this year