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Hillary’s Hypocrisy On Student Debt

- October 11, 2015

Clinton Recently Called Tuition Increases At Colleges "Unjustifiable"

In January, Clinton Attacked Colleges For "Unjustifiable" Increases To Tuition Rates. CLINTON: "Because I think we have two levels of problems. We have the high cost of college. Tuition has gone up faster than any other service in the last decade. Some figures say that it's increased 40 percent. That is just unjustifiable." (Hillary Clinton, Remarks To The Jewish Federation Of Greater Des Moines, Des Moines, IA, 1/25/16)

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The Clintons Received Millions Of Dollars From Colleges And Universities For Speeches, At A Time When Many Schools Are Hiking Tuition

The Clintons Received Between $2.8 And $6.7 Million From The Colleges And Universities Where They Gave Speeches, In Some Cases A $250,000 To $500,000 Payday For One Speech.  “This story by my Post colleagues Rosalind S. Helderman and Tom Hamburger details the payments, which came from corporations, banks, and other groups as well as at least one foreign government (Thailand). The total amount paid by the colleges and universities is between $2.8 million and $6.7 million — a range based on the way the fees are reported. For example, the top fees were reported in a range from $250,001 to $500,000.” (Valerie Strauss, “The List Of College That Paid Big Money To The Clintons For Speeches,” The Washington Post, 5/22/15)

 “At Least Eight Universities, Including Four Public Institutions, Have Paid Hundreds Of Thousands Of Dollars For Hillary Rodham Clinton To Speak On Their Campuses Over The Past Year, Sparking A Backlash From Some Student Groups And Teachers At A Time Of Austerity In Higher Education.” (Philip Rucker and Rosalind S. Helderman, “At Time Of Austerity, 8 Universities Spent Top Dollar On Hillary Rodham Clinton Speeches,” The Washington Post, 7/2/14)

  • Clinton Offered To Speak At The University Of California At Los Angeles (UCLA) For The “Special University Rate” Of $300,000. “When officials at the University of California at Los Angeles began negotiating a $300,000 speech appearance by Hillary Rodham Clinton, the school had one request: Could we get a reduced rate for public universities? The answer from Clinton’s representatives: $300,000 is the ‘special university rate.’” (Rosalind Helderman and Philip Rucker, “Plans For UCLA Visit Give Rare Glimpse Into Hillary Clinton’s Paid Speaking Career,” The Washington Post, 11/26/14)
  • The University Of Connecticut, Paid $251,000 To Clinton To Speak On Their Campus, And Subsequently Raised Its Tuition.  “In one previously undisclosed transaction, the University of Connecticut — which just raised tuition by 6.5 percent — paid $251,250 from a donor fund for Clinton to speak on campus in April.” (Philip Rucker and Rosalind S. Helderman, “At Time Of Austerity, 8 Universities Spent Top Dollar On Hillary Rodham Clinton Speeches,” The Washington Post, 7/2/14)
  • For Remarks At The University At Buffalo In The Fall Of 2013, Clinton Collected $275,000. “When Hillary Rodham Clinton agreed to address the University at Buffalo, the largest campus of the State University of New York system, she negotiated a few requirements in addition to her pay of $275,000.” (Philip Rucker, “University At Buffalo Paid $275,000 For Hillary Clinton Speech,” The Washington Post, 7/16/14)
  • Clinton Was Paid $225,000 For An October 2014 Address At The University Of Nevada, Las Vegas (UNLV). “Hillary Clinton will be paid $225,000 to address an Oct. 13 fundraiser for the University of Nevada, Las Vegas, a reminder of how much cash the potential Democratic presidential candidate is scooping up on the speaking circuit as she draws GOP criticism for saying she’s ‘not truly well off.’” (Laura Myers, “Hillary Clinton To Collect $225,000 For Keynote At UNLV Fundraiser,” Las Vegas Review-Journal, 6/23/14)

Students And Academic Officials Have Said Clinton’s High Speaking Fees Are A “Poor Use Of Funds At A Time Of Steep Tuition Hikes…” “But Clinton’s acceptance of high fees for university visits has drawn particularly sharp criticism, with some students and academic officials saying the expenditures are a poor use of funds at a time of steep tuition hikes and budget cuts across higher education.” (Philip Rucker and Rosalind S. Helderman, “At Time Of Austerity, 8 Universities Spent Top Dollar On Hillary Rodham Clinton Speeches,” The Washington Post, 7/2/14)

Clinton’s College Plan Is “Bad Policy” And Her Plans To Pay For It Are Unrealistic                         

Clinton Aides Say Her Revised Free College Plan Would Cost A Staggering $450 Billion Over Ten Years. “The original cost of Clinton's college plan -- which she said aims to help students ‘drowning in debt caused by ever-rising college costs’ -- was $350 billion. A Clinton aide said the expansion will raise the cost by more than $100 billion. Any such plan would require congressional approval.” (Anne Gearan and John Wagner, “Clinton Seeks Young Voters With Wider Debt-Free College Plan,” The Washington Post, 7/6/16)

The Brookings Institution Says Clinton’s Plan “Wastes Money On Solving A Non-Existent Macro Crisis In Student Lending Rather Than Targeting Relief To The Borrowers Who Need It The Most.” “Ultimately, Clinton’s proposal addresses affordability concerns, demands accountability at the institution and state level, and shores up safety nets in an appropriate manner; unfortunately it also wastes money on solving a non-existent macro crisis in student lending rather than targeting relief to the borrowers who need it the most.” (Beth Akers and Liz Sablich, “The Economics Of Hillary Clinton’s Higher Education Plan,” The Brookings Institution, 8/11/15)

This Is The “Centerpiece” Of Clinton’s Domestic Agenda, But Her Plans To Pay For It May Not Be Realistic. “The Clinton campaign views this proposal as a centerpiece of its domestic agenda, akin in importance to health care in 2008, and it is her most expensive proposal so far. The campaign said it would pay for it by limiting deductions for upper-income tax filers, which President Barack Obama has repeatedly proposed without success.” (Laura Meckler and Josh Mitchell, “Hillary Clinton Proposes Debt-Free Tuition At Public Colleges,” The Wall Street Journal, 8/10/15)

  • Clinton’s Plan To Pay For Her College Plan Is The Same Tax Increase That “Has Long Been Included” In Obama’s Budgets And Never Been Adopted. “That proposal, which has long been included in President Barack Obama’s annual budget, would raise more than $600 billion in the next decade, according to the Treasury Department.” (Lisa Lerner, “Hillary Clinton To Propose $350 Billion College Affordability Plan,” The Associated Press, 8/10/15)

Dr. Robert Kelchen, A Professor Of Higher Education At Seton Hall University, Said “I Just Can’t Help But Be Skeptical” On How Clinton’s Plan Will Lower College Costs. “The Clinton staff are claiming this proposal will help bring down the cost of providing a college education, in addition to the price that students pay. I just can’t help but be skeptical when suggested cost-saving areas include administration and technology. Colleges have been facing pressure to tighten their belts for years from states (and many have actually done so), so I don’t think the federal government will be any more successful.” (Robert Kelchen, “Comments On Senator Clinton’s Higher Education Proposal,” Kelchen On Education, 8/10/15)


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