[Young people] can't do much with [student debt] other than try to figure out how to pay it down. They can't take jobs they want. They can't get the credit they would like to start a business. So we're going to refinance it, we're going move people into income-contingent repayment plans, we're going to have a date certain when their obligations end, and I'm not going to let the government harass kids.
It's not right that Donald Trump can ignore his debts, but students and families can't refinance theirs.
If you're one of the millions of people who have student debt right now, I'll help you refinance your loans at better rates.
People just want to see something happen that is positive for them in their lives. If you're struggling to pay your student-loan debts, or if you've got a kid trying to go to college and don't think you're going to be able to afford it, it really matters whether you get help or not. If you don't have health care or you have insurance but the insurance company won't pay for what your doctor says you need, then what's the point of people arguing in Washington? Why don't you give me some help to fix this problem? I will work with anybody if I think we can actually produce results for people.
I've said that we're going to produce real results for the American people because so many Americans feel left out and left behind, they think the economy has failed them, they think our government has failed, they can't stand the gridlock and dysfunction in our politics, and I'm determined to produce more good jobs with rising incomes, and deal with all of the concerns that families have about education, college affordability, student debt.
I think for a lot of young people there is a sense that maybe the future is not going to be everything it was held out to be, especially if they're coming out with a lot of student debt.
I have a difference with Senator [Bernie] Sanders, who promises free college, which, if you look at the fine print, depends really on governors coming up with a lot of the money, which I don't think is a particularly wise bet. And I have a plan to help people pay down their student debt, because I want to unleash the entrepreneurial energy that young people have.
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