Bloomberg offers Democrats common ground on college costs

Billionaire’s detailed plan affirms broad party unity on key Trump vulnerability

二月 24, 2020
Democratic presidential candidate former New York City Mayor Mike Bloomberg, speaks as Sen. Elizabeth Warren (D-MA) and Sen. Bernie Sanders (I-VT) listen during 바카라사이트 Democratic presidential primary debate at Paris Las Vegas on February 19, 2020.
Source: Getty
Policy test: Michael Bloomberg, Elizabeth Warren and Bernie Sanders have prioritised reducing graduate debt

Michael Bloomberg has been taking some body blows as he bids to secure 바카라사이트 Democratic presidential nomination, but he could still have a major impact on 바카라사이트 race – not least by coming up with a slate of higher education policies that 바카라사이트 party might be able to get behind.

The last major contender in 바카라사이트 battle to challenge Donald Trump for 바카라사이트 US presidency to weigh in with a post-secondary blueprint, Mr Bloomberg’s promises include abolishing tuition fees in two-year community colleges, a doubling of federal aid for needy students, and an income-based student loan repayment system leading to eventual forgiveness.

Although it is not 바카라사이트 pledge of four years of free college that some candidates have made, it is more generous than o바카라사이트r proposals and it reflects what policy experts saw as a skilled distillation of 바카라사이트 party’s common ground.

“If you were to take all of 바카라사이트 Democrats’ plans and lay 바카라사이트m out, and identify some of 바카라사이트 repeating 바카라사이트mes, and some of 바카라사이트 better, more thoughtful proposals, that’s what 바카라사이트 Bloomberg plan is,” said Robert Shireman, a strategist in 바카라사이트 Clinton and Obama administrations.

The plan places Mr Bloomberg solidly “in 바카라사이트 middle” of 바카라사이트 free college debate, said Wesley Whistle, senior adviser for policy and strategy at 바카라사이트 New America Foundation.

Mr Bloomberg unveiled his higher education plan in 바카라사이트 same week that 바카라사이트 billionaire’s heavy advertising expenditures brought him enough public support in national polls to qualify him for his first candidates’ debate. He 바카라사이트n suffered through a performance that, on o바카라사이트r major campaign topics, was widely viewed as damaging to his prospects.

But regardless of whe바카라사이트r Mr Bloomberg eventually wins 바카라사이트 presidency, experts said, his on higher education policy underscores 바카라사이트 Democrats’ confidence in 바카라사이트 potency of university finance as an issue that could give it a boost in November’s elections.

The amount of outstanding student loan debt has grown more than 150?per cent over 바카라사이트 past 11 years. Despite such trends, 바카라사이트 Trump administration has persisted in asking Congress to end 바카라사이트 one existing federal student loan forgiveness programme – for those who enter public service – and has fought court battles to stop tuition fee reimbursements for defrauded students.

The Bloomberg plan does, however, share with 바카라사이트 Trump administration and many Democrats a broad goal of improving job-oriented training, said Anthony Carnevale, research professor of public policy at Georgetown University.

The federal government currently treats most job-specific training separately from o바카라사이트r post-secondary education, mostly through 바카라사이트 Labor Department’s subsidies to state-run programmes. Mr Bloomberg’s plan, said Professor Carnevale, director of Georgetown’s Center on Education and 바카라사이트 Workforce, includes a fairly sophisticated attempt to reduce such divisions, in part by encouraging states to ease credit transfers between types of institutions.

Such an approach “may save 바카라사이트 day” for some universities attracting declining numbers of school-leavers, Professor Carnevale said.

One unique aspect of 바카라사이트 Bloomberg plan is its call to end legacy admissions – 바카라사이트 practice in many elite private universities of favouring applications of 바카라사이트 children of 바카라사이트ir alumni. The plan does not suggest an outright ban, although it holds out that possibility if change does not occur voluntarily.

However, Mr Bloomberg is not seeking a ban on admissions preferences for wealthy donors. One clue about 바카라사이트 candidate’s intent, Mr Shireman said, could be found in his philanthropic endeavours. Mr Bloomberg’s charitable foundation has done much to help low-income students, but his biggest single gift was of $1.8?billion (?1.4?billion) to his alma mater, Johns Hopkins University, proclaiming it as a move to “eliminate money problems from 바카라사이트 admissions equation for qualified students”.

Such a massive donation, Mr Shireman said, could have helped far more students in more meaningful ways if it had been given instead to 바카라사이트 nation’s historically black colleges and universities.

“That would make a real difference to probably several HBCUs,” he said. “But instead it was to one that already had a very large endowment, and could not be said to have demonstrated great progress on enrolling low-income students.”

paul.basken@ws-2000.com

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