Hillary Clinton proposes student debt deferral for startup founders
by Julia Carrie Wong and Danny Yadron in San Francisc from Technology | The Guardian on (#1JNT6)
The student loan forgiveness proposal drew immediate backlash on Twitter, where users asked why entrepreneurs should receive special treatment
Hillary Clinton put forward a set of proposals, in a newly released agenda on technology and innovation, that would treat entrepreneurs and startup workers more favorably than other student debtors.
In a move aimed at "breaking down barriers and leveling the playing field for entrepreneurs and innovators who are launching their own startups", Clinton proposed allowing startup founders to defer student debt payment for up to three years. The deferrals would also be available to a new company's first 10 to 20 employees.
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