Clinton: I’m Ending Tuition Debt Payments at a Certain Time

CLINTON: "I’m really glad you asked that, Summer. Because I have a plan I call the new college compact, which not only will make college more affordable with debt-free tuition for students, but will also refinance the student debt that young people already have. I want to have refinance it, saving thousands of dollars for people who have graduated, but are weighted down by this debt. I want to move people into what are called income contingency repayment programs, so you pay back a percentage of your income. And I want to put a time certain to end your payments. So I think actually, my approach is more comprehensive, and will do more for people. It’s affordable, it meets the needs that folks have. And I think it will lift the debt off of millions of Americans."