August 17, 2015, 04:47 pm
By Bradford Richardson
Billionaire businessman Mark Cuban says Hillary Clinton’s plan to curb growing student-loan debt will actually make attending college more expensive.
“[Hillary’s plan] stands a better chance of increasing the amount of money students owe than decreasing it,” Cuban said on his Cyber Dust app on Friday.
“Just as easy money led to the real estate bubble a few years ago, the easier it is to borrow money for college the easier it is for colleges to raise tuition. Tuition keeps going up because no matter how high they raise it, students can still borrow more to pay for it,” Cuban continued.
Cuban, who stars on ABC’s “Shark Tank” and owns the Dallas Mavericks, has for years warned of a “student loan bubble.”
“At some point, it’s going to pop,” Cuban told Business Insider in March.
https://thehill.com/blogs/blog-briefing-room/251321-mark-cuban-pans-clinton-college-plan