FinAid | Presidential Candidates' Student Aid Proposals

Return to
FAA/Educators

Presidential Candidates' Student Aid Proposals

This page summarizes the student financial aid proposals of the major presidential candidates. Only those proposals listed on the candidate's official web site are included. (Statements made to news media will not be listed because they can potentially be repudiated by a candidate as a misquote or an off-the-cuff remark. For good coverage of such public statements, see the Chronicle of Higher Education.) This list is focused only on campaign promises, and not on past support of higher education.

This listing is nonpartisan. Candidates are listed in alphabetical order. The name of the candidate is listed to the relevant higher education policy page on the candidate's web sites.

For insight into other issues, see Project Vote Smart.

Candidate	Political Party	Proposals
Joseph R. [Joe] Biden (press release)	Democrat	Grant Proposals Replace the Hope Scholarship and Tuition & Fees Deduction with $3,000 per dependent student College Access refundable tax credit. The income phaseout would increase to $166,000 and be indexed thereafter for inflation. There would be a $12,000 cap for undergraduate and continuing education, and $6,000 cap for graduate education. Minimum of half-time enrollment required. Increase maximum Pell Grant by $300/year to $6,300 in 2011-12. Establish early Pell Grant Commitment Demonstration Program in four states to commit to Pell Grant funding to 8th graders. This program would be implemented by granting automatic zero EFC to up to 10,000 students in each of two cohorts who qualify for free or reduced school lunch.
Hillary Rodham Clinton	Democrat	Grant Proposals Replace the Hope Scholarship with a partially refundable $3,500 tuition tax credit (100% first $1,000, 50% next $5,000). The credit would be "advanceable". Increase the maximum Pell Grant. Would maintain value of the Pell Grant by annually adjusting it to take account of rising college costs. Provide $500 million to community colleges and $250 million to four-year colleges in the form of incentive grants to increase graduation rates. Double the Segal Education Award to $10,000 for AmeriCorps. Loan Proposals Replace FFELP with 100% Direct Lending. Fixing the Student Loan Crunch Expedite school certification for the Direct Loan program. Allow parents with a recent foreclosure to remain eligible for the Parent PLUS loan. Endorses the lender-of-last-resort program, with the addition of college-wide implementation (as opposed to student-by-student) and the US Department of Education advancing funds to guarantee agencies to make federal education loans. Supports allowing the Direct Loan program to buy loans from FFELP lenders. Other Proposals Simplify financial aid by allowing families to check off a box on their income tax return instead of submitting the FAFSA.
Christopher J. Dodd (full plan)	Democrat	Grant Proposals $100 annual increase in Pell Grant. Loan Proposals Require FFELP lenders to compete in a rights auction for federal education loans. Other Proposals Establish tuition inflation index and highlight colleges that exceed it. Similar to previous proposals for a college affordability index, except would compare tuition increases with tuition inflation instead of twice the consumer price index.
John Reid Edwards	Democrat	Grant Proposals Pay for one year of public-college tuition, fees and books for more than 2 million students. To be eligible, students would have to complete a college-prep curriculum in high school and stay out of trouble, and work part-time in college. Loan Proposals Replace FFELP with 100% Direct Lending. Other Proposals Simplify the FAFSA to eliminate two-thirds of the questions.
Rudolph W. [Rudy] Giuliani	Republican	No statements concerning postsecondary education and student financial aid. Would permanently extend the 2001 (EGTRRA) and 2003 tax cuts, which include some measures affecting higher education.
Maurice Robert [Mike] Gravel	Democrat	Nonspecific statement that the candidate supports "government funding of education from pre-kindergarten to higher education."
Michael D. [Mike] Huckabee	Republican	No statements concerning postsecondary education and student financial aid.
Duncan L. Hunter	Republican	No statements concerning postsecondary education and student financial aid.
Alan L. Keyes	Republican	No statements concerning postsecondary education and student financial aid.
Dennis J. Kucinich	Democrat	Nonspecific statement that the candidate would "provide universal education to all Americans from pre-school through college."
John Sidney McCain	Republican	No statements concerning postsecondary education and student financial aid. Would permanently extend the 2001 (EGTRRA) and 2003 tax cuts, which include some measures affecting higher education.
Barack Hussein Obama (press release, college affordability plan )	Democrat	Grant Proposals Establish a $4,000 fully refundable "American Opportunity Tax Credit" available at the time of enrollment. This tax credit would cover 100% of the first $4,000 of college education costs. Ensure that the Pell Grant "keeps pace with the rising cost of college inflation". Loan Proposals Replace FFELP with 100% Direct Lending. Other Proposals Eliminate the FAFSA, substituting a checkbox on the federal income tax return. Supports prior-prior-year (PPY) need analysis. Increase student aid transparency.
Ronald Ernest [Ron] Paul	Republican	No statements concerning postsecondary education and student financial aid.
Bill Richardson	Democrat	Grant Proposals Provide two years of tuition and fees at a public university for each year of community service. Other Proposals Eliminate the FAFSA. Simplify/consolidate the federal student aid programs. Provide financial incentives for schools to keep tuition costs under control. Expand LEAP and GEAR UP.
Willard Mitt Romney	Republican	No statements concerning postsecondary education and student financial aid. Would permanently extend the 2001 (EGTRRA) and 2003 tax cuts, which include some measures affecting higher education.
Tom Gerald Tancredo	Republican	No statements concerning postsecondary education and student financial aid.
Fred Dalton Thompson	Republican	No statements concerning postsecondary education and student financial aid. Flat tax proposal would preserve education tax benefits including the 529 college savings plan, Coverdell ESA and the tuition & fees deduction. Would permanently extend the 2001 (EGTRRA) and 2003 tax cuts, which include some measures affecting higher education.