No Student Loans your line is 202 7488002. And all others can call us at 202 7488003. At can also send us a tweet cspanwj or go to facebook. Com cspan. We will get to your calls in just a second at first i want to show you what Hillary Clinton had to say yesterday. A 350 billion plan for Student Loans. [video clip] student shouldo have to borrow to pay tuition at a Public College or university. [applause] schools will have to control their costs and show more accountability to their students. 42 increases over 10 years. Way above the rate of inflation of anything else. Their will have to meet obligation to invest in Higher Education. [applause] the federal government will increase its investment in education and will not profit any longer off of Student Loans. Everyone who already has student debt will be able to refinance it at lower rates. Hillary clinton yesterday on the campaign trail talking about her 350 billion proposal on Student Loans. According to the wall street journal under the plan the u. S. Would send large grants to the state. States would be required to lift Higher Education spending and families would have to contribute what they can afford. It also includes an Obama Administration proposal between two years and Free Community college. These ideas would cost about 200 billion over 10 years. The plan would revamp the federal Student Loan Program for Lower Borrowing costs for people who already hold Student Loan Debt. People could refinance at lower rates or get lower rates in the first place and cap payments at 10 of discretionary income. If any money is still owed after 20 years it would be forgiven. Is estimated to cost 125 billion over 10 years. Paidntire plan would be for by capping deductions for high income taxpayers. By plan is welcomed activists who have pushed candidates to support bold proposals on college affordability. The plan was attacked by republicans as a tax increase and a new dose of federal control. There is bipartisanship on this issue. While there are deep divides the wall street journal reports there is remarkable consensus on the problem. Debt is nowlated the highest form of Household Debt except for mortgages. We turn to all of you this morning let washington and these candidates know your experience. Casey in westminster, massachusetts. Youre on the air. Caller good morning. I Student Loans and they are manageable and i pay them each month. But i am troubled with the fact that president ial candidates are even wondering into this. Host why is that . Caller where in the constitution does it say that United States federal government should be micromanaging and dictating how public and private universities are conducting their businesses . If colleges and universities need to lower their costs, why arent they lowering costs themselves . Host why do you think it is . The demand is still there. I assume that they can keep raising the costs. Caller of course. The money is going to be there, so why not. They are in the business to make are not necessarily interested in educating people per se. Im not a Big College Sports fan but there are probably dozens of universities with multimillion dollar sporting complexes. When you make sipping too easy to get, of course people are going to take advantage of it and get these loans. Hello people probably should not be going to a lot of people should not be going to college in the first place. Host what should the federal government do . Inminate grants to colleges order to eliminate that money . Caller i just think that the more the government gets involved in decisionmaking that should occur at a local level, the worse things get. Thank you so much. Host let me read this from the wall street journal. Clinton takes taxpayers to take ons there tech it. The government has, since the 1960s, dump truck loads of money on colleges and students and the result of which has been higher tuition. Schools pocket the subsidies and pass on the costs. A july report found that every additional dollar in aid led colleges to raise to wish and as much as . 65. As . 65. N as much here is how governor jeb bush responded. We need to change the incentives for colleges with fresh policies to result in more individualization and choices, tribe down overall costs, and improve the value of a college degree, which will help lead to real, sustained 4 economic growth. Francis, you have paid off your Student Loans. Good morning. Tell us your experience. Caller i took out Student Loans years ago and i became a teacher. But this will be the subject. They will have her on the program or pursue her in a way that is pleasing. You are the one giving all of the ideas that supported hillary. People who want to go to college, if they are really interested they can study hard in high school. There are a lot of scholarships i have had that are hardly even taken up. We have a lottery in tennessee that pays for scholarships and when they get to college, if they do their work they can continue. Ways. Are lots of the fellow from massachusetts was right. The federal government just wants to get bigger. Keep putting hands into the pockets of people who never get to go to college. Host it is not just Hillary Clinton talking about it, here is marco rubio in a recent campaign event. Due to the right to know before you go act. [video clip] sen. Rubio weed to reform additional Higher Education we need to reform additional Higher Education as well. Any of our young people take out Student Loans, that is who will have to tell you how much you can expect to make you graduate from that degree that schools people can decide if it is worth borrowing tens of thousands of dollars to major in basket weaving. My apologies to the basket weavers. Host senator marco rubio talking about what he would like to see done on this issue. Politico put this together. Colleges in the 2016 crosshairs. Democrats want to make College Cheaper or free. This is what politico writes that the surge in candidates collected interest in the issue isnt a coincidence. On the importance of Financial Aid in college decisionmaking said it was very important. The highest percentage ever in the 42 years the question was asked. I found more parents fret about having enough money to pay for college. For public fouryour colleges and doubled for private once in last three decades open helping push Higher Education issues to the forefront. Fear among many voters that they and their children will be shut out of Higher Education altogether. Caller good morning. I not only paid mine off but my wifes as well. Host what was it like . When was this . How much did you have to pay . The two of us it was probably 100,000 and this was back in the 1960s and 1970s that we went to school. My wife got some partial scholarships, there is a lot of scholarship money out there. Weird onereal 1 that only benefited people from a small county in upstate new york. There are a lot of specific ones that people are aware of that the woman was talking about from tennessee making some very good points. If you want to go to college there are the state schools and in new york city the city university. Compared to private schools that is almost free to there are a lot of ways of getting an education. To does every kid have to go college . What is wrong with the trade schools and vocational schools . All of my nephews and nieces are in the trades. Have a fiveyear trading training program. All of these schools have several years of school which they do not pay for. There part of the job. I wonder why are we pushing kids that should not be at a Higher Education setting into they will runre up a lot of debt and not be able to find a job . Bernieou think sanders is calling for free college education. Caller that is because he is a socialist. As Margaret Thatcher said, socialists are great until they run out of everybodys money. Host how many years did it take to pay off that 100,000 and how big were your Monthly Payments . Caller i dont remember the Monthly Payments but it took about 20 years. Host do you remember it being a burden . That it was difficult to find the money for the payment or that it was stressful . Caller i was able to budget my expenses properly and live within my means. Host Business Insider put together some charts on the current situation. The 90 day the link would seat rate has risen to 11. 3 . For context the rate for mortgages has dropped to about and credit card delinquency have reached historical lows according to the fed. Delinquency is not connected to borrowers who took out huge lungs to attend medical schools. 5000people with only dollars or 10,000 are still going to link went. The hardest hit age group is people in their 30s. I have seen their outstanding Student Loans nearly triple since 2014 as they returned to college during the downturn. In illinois, your Student Loans. Good morning to you. Bit more have a little of a recent story than the previous caller. School in theing mid1990s. I was a single mother. I did ask for scholarships and wasnt given hardly any and had to take out Student Loans to fund my tuition. The state schools have waiting lists. Sometimes if you want to get into Nursing School people want theynish their education. Turned to the private school. With about 80,000 in Student Loan Debt. They are not doable for a single mother with two kids. As you put the loans in forbearance the interest will still accrue. My Student Loan Debt has now climbed to over 350,000 as of today because that Interest Rate keeps on adding and building and building and i just cannot make the payment. I am back at home with my mother and i am 43 years old. Host are your kids still with you . Caller yes. All three kids are still with me and my oldest daughter is now in school. She is not eligible for Financial Aid because of my income as a nurse. Now she is taking Student Loans out as well. I see the cycle starting to repeat itself. I am really hoping with this new reform being proposed im not sure if it is even proposed yet until hillary gets into office but it is something i would really hope to benefit from because i graduated in 1999 so how many years ago was that . Host you have been a nurse for how many years and do you mind telling us reseller he . Salary . 90,000. Am making i work for the federal government. I have a very good job except for my Student Loan Debt is just i have not been able to buy a home, i can barely purchase a car because of this payment. It is just astronomical. Host jan in huntsville, alabama. No Student Loan Debt. How did you do that . Theer i went to college in early 80s and college was affordable than. Now are at a State University paying 25,000 year and it goes up every year and she has had to take out Student Loans to go. Payuld not help her to because of the economy. I ended up losing my job is several years back so she was left with no choice but to borrow money to go to school or not go. There are not enough scholarships out there for everyone. My first husband was a college professor. There is just not enough scholarships out there for everybody who wants to go and needs to go. Afford tory cannot not allow people to advance and get Higher Education or we will not be competitive in the world. Some states have offered alternatives maybe like georgia and tennessee but not every state has that. Alabama had a program for children and parents to invest in so they could go to the State College but it went broke. They did not manage it properly. There needs to be an alternative now that the cost of education is so high. I need to go back myself because the world has changed and the longer asave is no becausele out there technology has changed so i need to go back myself to get a better job but there is no way that i can go without borrowing funds. Daniel in bloomington, indiana, you have paid off those loans good morning to you. Good morning maam. Before we institute a forgiveness plan we need to make better friends. Ms. Clinton has proven that power is a curse and she deserves no more. Against loansly either. I had the payoff each semester or i received grants which has been really a blessing but i have probably paid back over two thirds back in taxes to the federal and state governments. Blessingbeen really a because it is helped me understand that the federal government has the Constitutional Authority to economy through these Student Loans and other things because if it wasnt for us there wouldnt be an economy. So by delegating the scheme for us to go through school is probably the biggest bailout next to corporate welfare. Host robert, you have Student Loan Debt. Good morning. Caller good morning. Just acrossal, is the capital the interest later so high. When you see home loans and Small Business loans etc. You to 4 Interest Rates just wondering why the government is gouging these kids for costs. One of the cost of what to make is when the gentleman was talking about a vocation why go to a fouryear college. I would like a fundamental restructuring and allowing children to go two years to get specialty in whatever they may be in. Host i apologize, you are breaking up but on your point. But me show you the New York Times editorial. Crisisge affordability and the board writes that students and their families are paying more for college and going deeper into debt every year. But 60 of graduates had Student Loans in 2013. More becauseng state governments reduced Higher Education spending by 25 per and 2014. Tween 2000 11 of total outstanding loans are delinquent by more than 90 days compared with 6 in 2005. The New York Times goes on to say that Hillary Clintons plan along with other democrats plan has one problem. To whatd states react they are proposing. The New York Times goes on to say as well that senator marco rubio has highlighted his own struggle with Student Loans and has supported loan repayments the borrowers income but he does not have a comprehensive plan. Another republican candidate has caused great harm to the university of wisconsins system by cutting 250 million from the budget which is forcing administrators to raise tuition for some students. Candidates from only one party are taking it seriously. That is what the New York Times believes. We are getting your thoughts on Student Loan Debt. What has your experience been like paying off these Student Loans and paying for college. In other news will start with politics. The Washington Post this morning says this about donald trump. The aimless torchbearer. Mr. Trump may have struck a cord but he is not the truth teller he purports to be. Anyone we are tempted to say any more on can grab a torch and run before the mop. What takes talents political anger management. To identify legitimate complaints enter them into instruction. Explicit demands for a massive tariff on chinese imports or his insistence shows no sign of possessing such capability. He shows no sign of technology and the need for it. Many of you know the criticism that donald trump has had for fox news and its moderators of the foxnews debate. He came to twitter yesterday to say that he had a phone call with roger ailes. He is a great guy said donald trump and assured me that trump will be treated fairly on fox news. His word is always good says donald trump on twitter. Megan kelly had her show last night and this is what she had to say about what donald trump has been saying. [video clip] mr. Trump was upset with the question i asked him about his electability and specifically comments he had made about women. A few words on that. Apparently esther trump thought the question i asked was unfair and felt i was attacking him. Tough that he was asked a but fair question. We agreed to disagree. Mr. Trump did interviews over the weekend that attacked me personally but i have decided not to respond. Mr. Trump is an interesting man who has captured the attention of the electorate. That is why he is leading in the poll. Trump will not apologize and i will not apologize for doing good journalism. I will continue doing my job without fear or favor. , i expect, will continue with what has been a Successful Campaign so far. This is a tough business and it is time to move forward. Host megan kelly responding. Att night