Tag: debt

Why Clinton’s New Tuition-Free Plan Matters

The Clinton campaign made a major announcement today: Democratic presidential candidate Hillary Clinton will pursue a debt-free college for all policy, including a proposal to eliminate the cost of college tuition for a significant portion of the public. … Clinton’s new proposals move her beyond previous statements that she would try to make college “as debt-free as possible“ and toward making “debt-free college available to all.” Clinton is adding three features to her plan for higher education policy, called the “New College Compact.“ They include eliminating tuition at in-state public universities for families making under $125,000 by 2021 and restoring year-round Pell Grant funding so students can take summer classes to finish school quicker. The plan isn’t great. I think […]

The Financialization of Political Discourse (or more on David Frum)

As a follow-up to my earlier post on David Frum, it occurs to me that I overlooked one additional peculiarity in his use of the word “constituency.” (Just as a reminder, this is the comment from Frum that sent me into such a tizzy: “[Obama] issued no public call to constituencies like the financial industry to bring pressure to bear on the issue.” I know, I know.  Political theorists can work themselves up over the durndest things.) Not only does Frum assume the banks are Obama’s constituency. He also assumes the banks are the natural constituency in a debate about the national debt because they are the ones—perhaps the only ones—with an interest in how that debate turns out. It’s […]