"The potential of this plan is that it increases public investment back to levels we saw when college was much more affordable, and it pegs it to a price for students."
The dramatic rise in student loan debt has placed unacceptable risk on working-class families and on people of color, who must take on more debt for the same degree as white students.
"The justification for student debt as the primary way we pay for college has been in part based on the assumption that we’ll have consumer protections in place, and we’ll try to make it as painless as possible for people."