The threshold would climb up to $125,000 by 2021. “The Secretary has adopted several of the platforms Senator Bernie Sanders was proposing,” says David Levy, Editor at Edvisors. “We think that was done in an attempt to attract several of his supporters.” Clinton also indicates she will take an immediate executive action to offer a three month moratorium on student loan payments to all federal borrowers, streamline enrollment in income-based repayment plans, give borrowers the ability to refinance student loans at current rates, push to get employers to contribute to student debt relief, offer an entrepreneurs incentive and a reward for public service. “The devil is always in the details,” says Andrew Josuweit, CEO of Student Loan Hero. “Who’s going to end up paying for this stuff? Is it just marketing for the Clinton campaign or are they going to be able to execute?” At a press conference on July 27, Donald Trump said he plans to release a position on the student loan crisis within the next four weeks. He also added that his ideas may not “fit beautifully within the Republican framework.” The GOP 2016 platform calls for the Federal government to get out of the business of originating student loans. Trump campaign co-chair Sam Clovis’ interview with the trade journal Inside Higher Ed in May indicated that Trump supports that proposal. In the article, Clovis said other ideas being considered include requiring colleges to share in the risk of loans and discouraging borrowing by liberal arts majors. Emails by FOXBusiness.com to the Trump campaign for comment were not returned at the time of publication. “This is the first time we’ve seen such an interest in higher education by both parties,” said David Levy, Editor at Edvisors.
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