Hillary Clinton plans to unveil her $350 billion plan today to alleviate student debt and make college tuition more affordable.
Since there are more than 40 million graduates in the United States who collectively owe about $1.2 trillion in debt, the student loan problem is a major theme that candidates will need to address in order to gain votes.
During a town hall meeting at Exeter High School, a public school in Exeter, New Hampshire, Clinton will outline the basic goals of her plan, which aims to give students the option of attending a public four-year college with little debt by providing students access to tuition grants and allowing them to refinance their existing loans at lower interest rates.
The plan, titled the "New College Compact," will build upon the Obama administration's policies, stressing the Democratic idea that the federal government must reverse the state cuts to higher education. Clinton also attributes the student loan crisis to the trend of states passing the cost of education at public colleges to students rather than shouldering a portion of the debt.