Graduates wait for start of commencement ceremony at Williams Stadium regarding the campus of Liberty University on May 9 in Lynchburg, Va. Drew Angerer/Getty Images hide caption

Graduates wait for start of commencement ceremony at Williams Stadium regarding the campus of Liberty University may 9 in Lynchburg, Va.

Drew Angerer/Getty Images

Everyone understands pupil financial obligation keeps growing. University costs are growing. Student debt delinquencies are rising. And today Hillary Clinton has her very own policy for just how to stem that tide of economic dilemmas for university graduates.

On Monday, Clinton circulated a package of some ideas directed at assisting People in america handle their university financial obligation, which presently totals around $1.2 trillion. The package’s splashiest proposal guarantees future pupils a debt-free four-year degree from the general general general public college.

Which could transform the larger training system into the future. But an added foundation of Clinton’s plan aims to assist individuals with loans at this time — it involves interest that is lowering to aid millions that are currently away from college pay down their loans. The issue is that this type of proposition may not assist the borrowers whom need the most assist.

The basic concept behind Clinton’s rate of interest plan is easy: knock straight straight down rates of interest to help keep expenses down for brand new borrowers, and allow older borrowers who’ve been locked into greater interest levels for decades refinance their rates lower. […]