Hillary Clinton pledges debt forgiveness to young entrepreneurs
Deferral and forgiveness of student loan payments is part of the U.S. presidential hopeful's technology agenda
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WASHINGTON—Hillary Clinton will propose allowing entrepreneurs to defer making student loan payments, as part of a technology agenda she plans to introduce on June 28.
Clinton’s campaign says she would permit start-up founders and early employees to forgo payments on their federal student loans for up to three years. Those who launch businesses that provide social benefits would also be permitted to apply for forgiveness of up to $17,500 of their debt after five years.
She’ll also propose connecting every household in America to high-speed internet by 2020 and training 50,000 new computer science teachers over the next decade.
Clinton will present her agenda during a campaign stop at a small business incubator in Denver. She is working to woo young voters attracted to primary rival Bernie Sanders.