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New Grads, Thanks For Paying Our Bills! - H

- May 10, 2015

As Students Across The Country Graduate With More Debt Than Ever Before, Hillary Clinton Walked Away With Six-Figure Paydays

FOR TODAY'S COLLEGE GRADUATES, STUDENT LOAN DEBT AND THE COST OF COLLEGE IS AT AN ALL-TIME HIGH

Average Student Loan Debt Is Just Under $30,000 Per Person. "Total student debt has more than doubled since 2007, and nearly a quarter of borrowers out of school now are behind on payments, Federal Reserve data show. And while the average burden among recent college grads is just under $30,000-a sum many economists consider reasonable-a small but growing share owe substantially more than that." (Josh Mitchell, "White House Floats Bankruptcy Process for Some Student Debt," The Wall Street Journal , 3/10/15)

The Ability Of Students To Pay Their Student Debt Remains A Problem As Delinquencies Increased By Double-Digits In 2014. "Student-loan delinquencies increased at the end of 2014: 11.3 percent were at least 90 days overdue in the last three months of 2014, up from 11.1 percent in the previous quarter." (Danielle Paquette, "Americans Are Having More Trouble Paying Off Their Student Debt Than Their Houses," The Washington Post , 2/19/15)

From 2004 To 2014, "The Average Student Loan Balance Grew 74 Percent." "The surge is fueled by more people borrowing - and borrowing larger amounts. The number of borrowers rose 92 percent between 2004 and 2014, according to the Fed researchers. The average student loan balance grew 74 percent." (Danielle Paquette, "Americans Are Having More Trouble Paying Off Their Student Debt Than Their Houses," The Washington Post , 2/19/15)

Increasing Student Loans Have Forced Many People To Put Off Life Milestones Such As Purchasing Their First Home. "Another debt management route: Sacrifice. Economists find cash-strapped borrowers tend to delay buying homes." (Danielle Paquette, "Americans Are Having More Trouble Paying Off Their Student Debt Than Their Houses," The Washington Post , 2/19/15)

In The Last Five Years Alone, The Average Cost Of A Four Year Public In- State College Has Increased 17%. "Tuition and fees alone shot up an average of 17 percent between 2009-2010 and 2014-2015 at public four-year schools across the nation, according to the nonprofit College Board." (Scott Goss And William McMichael, "College Costs At An All-Time High," The News Journal, 4/25/15)

CLINTON HAS CHARGED HUNDREDS OF THOUSANDS OF DOLLARS TO SPEAK AT AMERICAN UNIVERSITIES ACROSS THE COUNTRY

Clinton Has Been Paid Hundreds Of Thousands Of Dollars By At Least 8 Universities, "Sparking A Backlash From Some Student Groups And Teachers At A Time Of Austerity In Higher Education." "At least eight universities, including four public institutions, have paid hundreds of thousands of dollars for Hillary Rodham Clinton to speak on their campuses over the past year, sparking a backlash from some student groups and teachers at a time of austerity in higher education." (Philip Rucker and Rosalind S. Helderman, "At Time Of Austerity, 8 Universities Spent Top Dollar On Hillary Rodham Clinton Speeches," The Washington Post , 7/2/14)

  • Clinton's High-Dollar Speaking Fees Will Become A "Political Liability" As "Democrats Have Made College Affordability A Central Plank Of The Party's Agenda." "Clinton's six-figure campus speaking fees could become a political liability for her in the 2016 campaign given that President Obama and other democrats have made college affordability a central plank of the party's agenda." (Philip Rucker and Rosalind S. Helderman, "At Time Of Austerity, 8 Universities Spent Top Dollar On Hillary Rodham Clinton Speeches," The Washington Post , 7/2/14)

Clinton Spoke At Eight Schools, Many Of Which Did Not Report Her Speaking Fees. "The potential 2016 Democratic presidential candidate also has been paid for speeches at the University at Buffalo, Colgate University and Hamilton College in New York, as well as Simmons College in Boston and the University of Miami in Florida." (Philip Rucker and Rosalind S. Helderman, "At Time Of Austerity, 8 Universities Spent Top Dollar On Hillary Rodham Clinton Speeches," The Washington Post , 7/2/14)

If Clinton Was Paid Her Normal, Sky-High Speaking Fee She Would Have Made Almost $2 Million. "Officials at those five schools refused to say what they paid Clinton. But if she earned her standard fee of $200,000 or more, that would mean she took in at least $1.8 million in speaking income from universities in the past nine months." (Philip Rucker and Rosalind S. Helderman, "At Time Of Austerity, 8 Universities Spent Top Dollar On Hillary Rodham Clinton Speeches," The Washington Post , 7/2/14)

Students Were The Biggest Losers When Clinton Visited Their Campus As They Had To Enter A Lottery To Obtain Tickets To See Her Live. "Organizers faced criticism that more students could not attend, particularly after an early morning event to allow students to enter a lottery for one of 413 free tickets turned into a shoving match. But students without tickets were able to watch a live stream of the event in an overflow location, Renaud said." (Rosalind Helderman And Philip Rucker, "Plans For UCLA Visit Give Rare Glimpse Into Hillary Clinton's Paid Speaking Career," The Washington Post , 11/26/14)

Clinton Recently Angered Students As She Travelled In Style And Banked a Six-Figure Payday From UNLV As Tuition Increased 17 Percent

Last Year, Hillary Clinton Received A $225,000 Speaking Fee From UNLV . "Clinton is getting paid $225,000 for the speech, a fee that prompted UNLV student leaders to request that she donate some or all of the money to the university. Instead, the money will go to the Bill, Hillary & Chelsea Clinton Foundation, which supports programs on global health, climate change and opportunities for women and girls." (Laura Myers, "Hillary's UNLV Speech Open To Press," Las Vegas Review Journal, 10/8/14)

Clinton's Contract For Her UNLV Keynote Included A List Of "Lavish Travel Requirements" And Insists That There Be No Recording Of Her Speech. RON CLAIBORNE: "More details about Hillary Clinton's lavish travel requirements for a speaking engagement at a college in Nevada. A document obtained by the Las Vegas Review Journal show that Clinton received $225,000 to speak at a fundraiser in October-this coming October at the University Of Nevada, Las Vegas. Her contract also requires that she gets a private jet to travel and a presidential suite the hotel of her choice. Clinton also requires that there be no recording of her speech and that the only permitted record of what she says made by a stenographer whose transcription will be given only to Hillary Clinton." (ABC News' "Good Morning America," 8/18/14)

Click Here To Watch

  • Clinton Also "Insists On Staying In The 'Presidential Suite' Of Luxury Hotels That She Chooses" And Jetting Around In A "$39 Million, 16-Passenger Gulfstream G450 Or Larger." "She insists on staying in the 'presidential suite' of luxury hotels that she chooses anywhere in the world, including Las Vegas. She usually requires those who pay her six-figure fees for speeches to also provide a private jet for transportation - only a $39 million, 16-passenger Gulfstream G450 or larger will do." (Laura Myers, "High Fashion, Expense For Hillary Travel," Las Vegas Review-Journal, 8/16/14)

UNLV President Don Snyder Called Some Of Clinton's Demands "Distasteful." JON RALSTON: "I assume you've read, the RJ got the contract that Hillary had, I mean that thing looked like it was for Princess Grace or something like that. I mean pay for all the cell phone charges, get her rooms -presidential suite. That isn't the way you travel sir isn't it." DON SNYDER: "There's no doubt that some of the things in the contract I find distasteful." (KSNV's " Ralston Reports," 8/27/14)

Click Here To Watch

"The Fee Has Led To Calls By UNLV Students For Clinton To Either Speak For Free Or Donate The Money Back To Students." (Scott Wilson, "Hillary Clinton's $225K UNLV Speech Fee Sparks Uproar," ABC News, 6/26/14)

  • UNLV Student Body President Elias Benjelloun Said Clinton "Should Donate Some Or All Of Her Fee To The University." "In an interview with respected Nevada political journalist Jon Ralston last week, student body President Elias Benjelloun said the potential 2016 presidential contender should donate some or all of her fee to the university." (Katie Glueck, "UNLV Students Balk At Hillary Clinton Talk Fee," Politico, 6/27/14)
  • UNLV Student Leader Daniel Waqar Called Clinton's Speaking Fee "Outrageous" And Said She Should Return The Money. DANIEL WAQAR: "I mean, to be honest, it's not surprising and we really appreciate anybody who would come to raise money for the university. But anybody who's being paid $225,000 to come speak, we think that's a little bit outrageous. And we'd like Secretary Clinton to respectfully, to gracefully return the money back to the university or the foundation." ("Ralston Reports," 6/26/14)

In June 2014, UNLV's Board Of Regents Approved A 17 Percent Tuition Hike Over Four Years. "Nevada's higher education leaders today approved a four-year plan to raise undergraduate tuition at UNLV by 17 percent. The 13-member Board of Regents voted 7-6 to pass the tuition hike over student concerns about the skyrocketing cost of higher education. Starting in fall 2015, UNLV's tuition will go up about four percent annually for four years. That means by 2018, students will pay $6,720 a year, up from $5,745 a year currently." (Paul Takahashi, "Over Student Objections, Tuition At UNLV Going Up 17 Percent," Las Vegas Sun, 6/6/14)

  • The Double-Digit Tuition Increase Complicated "The Optics For Clinton's Payday." "Indeed, Nevada higher education officials signed off on a plan to hike undergraduate tuition at UNLV by 17 percent (roughly 4 percent a year for the next four years), complicating the optics for Clinton's payday." (Scott Wilson, "Hillary Clinton's $225K UNLV Speech Fee Sparks Uproar," ABC News, 6/26/14)

Clinton Collected A Cool $251K For A Speech At UCONN Shortly After Tuition Was Hiked For Students

In April 2014, The University Of Connecticut (UCONN) Foundation Paid Clinton A "Jaw-Dropping" $251,250 To Speak On Its Campus. "Hillary Clinton's jaw-dropping $251,250 fee for a speech at the University of Connecticut brought the foundation that paid the bill into the spotlight. The public should get a closer look at all its spending. The University of Connecticut Foundation is a nonprofit that raises money for UConn." (Editorial, "UConn Foundation Must Reveal Spending Details," The Hartford Courant , 7/18/14)

In March 2014, The University Announced It Would Be Raising Tuition Prices By 6.5 Percent For The Fall Semester. "Despite a deficit of $46.2 million, University of Connecticut leaders said Wednesday that they won't raise tuition for this fall beyond the increase planned under the already established four-year tuition schedule… The university plans to increase tuition by 6.5 percent for the fall of 2014, which is in the mid-range of the hikes permissible under a four-year plan that the trustees approved in December 2011." (Kathleen Megan, "UConn Says Deficit Won't Drive Up Tuition More Than Planned," The Hartford Courant , 3/26/14)

  • UConn Has Considered Raising Tuition By More Than 26 Percent Over The Next Four Years. "Facing a $46.2 million deficit for next school year, The University of Connecticut plans to exercise a provision in the four-year tuition plan it adopted in 2011 that allows the school to increase tuition more than 26 percent over the four years if state funding decreases." (Jacqueline Rabe Thomas and Keith Phaneuf, "Citing State Cuts, Uconn To Raise Tuition 6.5 Percent Next Year," The Connecticut Mirror, 3/26/14)

Clinton Requested That She Be Treated Like A Star And That UCLA Roll Out The Red Carpet For Her $300K Speech As Tuition Increased

Clinton Offer ed The University Of California At Los Angeles (UCLA) The "Special University Rate" Of $300,000. "When officials at the University of California at Los Angeles began negotiating a $300,000 speech appearance by Hillary Rodham Clinton, the school had one request: Could we get a reduced rate for public universities? The answer from Clinton's representatives: $300,000 is the 'special university rate.'" (Rosalind Helderman And Philip Rucker, "Plans For UCLA Visit Give Rare Glimpse Into Hillary Clinton's Paid Speaking Career," The Washington Post , 11/26/14)

  • UCLA Has Been Helping The Clinton's Pay Their Bills For Years Since Bill Clinton Received $250,000 From The University In 2012. "In 2012, former president Bill Clinton delivered the inaugural Luskin lecture at UCLA for $250,000. Upon learning that Hillary Clinton's fee would be $300,000, Guy Wheatley, a UCLA development official, wrote in an e-mail: 'Wow! She get's $50K more than hubby!'" (Rosalind Helderman And Philip Rucker, "Plans For UCLA Visit Give Rare Glimpse Into Hillary Clinton's Paid Speaking Career," The Washington Post , 11/26/14)

Documents Revealed That Clinton Had Many Demands For Her Speech, A Green Room, Lemon Wedges, Hummus And Crudité To The Pillows That Would Be Used On Stage. "The documents show that Clinton's representatives at the Harry Walker Agency exerted considerable control over her appearance and managed even the smallest details - from requesting lemon wedges and water on stage to a computer, scanner, and a spread of hummus and crudité in the green room backstage. Top university officials discussed at length the style and color of the executive armchairs Clinton and moderator Lynn Vavreck would sit in as they carried on a question-and-answer session, as well as the kind of pillows to be situated on each chair. Clinton's representatives requested that the chairs be outfitted with two long, rectangular pillows - and that two cushions be kept backstage in case the chair was too deep and she needed additional back support." (Rosalind Helderman And Philip Rucker, "Plans For UCLA Visit Give Rare Glimpse Into Hillary Clinton's Paid Speaking Career," The Washington Post , 11/26/14)

  • The University's Own Podium Wasn't Good Enough For Clinton, Which Set Off A "Scramble" To Find A "Suitable Podium" For Clinton. "During a walk-through of Royce Hall five days before the lecture, the e-mails show, Clinton's team rejected the podium planned for her use during her 20- to 30-minute speech, setting off a scramble on campus to find a suitable podium and rent a new university seal to match." (Rosalind Helderman And Philip Rucker, "Plans For UCLA Visit Give Rare Glimpse Into Hillary Clinton's Paid Speaking Career," The Washington Post , 11/26/14)

University Of California Regents, Voted To Approve A Plan To Increase Tuition By Up To Five Percent Annually. "A University of California Regents committee voted 7-2 to approve a plan to increase tuition by up to 5 percent annually for the next five years depending on state funding, as hundreds of students rallied outside its meeting Wednesday and protested the plan." (Kevin Truong, "UC Regents Committee Approves Five-Year Tuition Increase Plan Despite Protests," Daily Bruin, 11/19/14)

  • "This Represents A Total Increase Of 27.7 Percent From Current Levels." " If the full 5 percent increases are applied over each of the next five years, in-state and out-of-state students could be paying as much as $15,564 and $44,766 in tuition and fees, respectively, for the 2019-2020 school year. This represents a total increase of 27.7 percent from current levels." (Kevin Truong, "UC Regents Committee Approves Five-Year Tuition Increase Plan Despite Protests," Daily Bruin, 11/19/14)

Tuition Increased By Double-Digits At SUNY Schools While Clinton Collected Nearly $300K On The Backs Of Her Former Constituents

For Remarks At The University At Buffalo In The Fall Of 2013, Clinton Collected $275,000. "When Hillary Rodham Clinton agreed to address the University at Buffalo, the largest campus of the State University of New York system, she negotiated a few requirements in addition to her pay of $275,000." (Philip Rucker, "University At Buffalo Paid $275,000 For Hillary Clinton Speech," The Washington Post , 7/16/14)

Clinton Controlled Every Detail Of Her Speech. "The potential 2016 presidential candidate's agent requested that the university provide 'a presidential glass panel teleprompter and a qualified operator,' that Clinton's office have 'final approval' of her introducer and the moderator of any question-and-answer session, as well as 'the sets, backdrops, banners, scenery, logos, settings, etc,' and that the topic and length of the former secretary of state's speech would be at her 'sole discretion.'" (Philip Rucker, "University At Buffalo Paid $275,000 For Hillary Clinton Speech," The Washington Post , 7/16/14)

  • Clinton Made The School Pay For Her Own Stenographer, The Transcript Was For Clinton's Own Personal Use And Was Not Made Public. "The contract also required that the university pay a fee of $1,000 to have a stenographer transcribe Clinton's speech, but that the transcript be 'solely for [Clinton's] records,' and that the university was not permitted to tape the speech." (Philip Rucker, "University At Buffalo Paid $275,000 For Hillary Clinton Speech," The Washington Post , 7/16/14)

In Fall 2014, Tuition Prices For SUNY Schools Increased By $300 For Undergraduates And $500 For Graduate Students. "Tuition will likely be increased in New York state's public colleges and universities again next year, as laid out in the five-year tuition plan passed in 2011… It will be the fourth year colleges and universities can raise their tuition a set amount - including $300 in annual increases for undergraduate education for state residents and $500 for graduate education, with some professional schools having the ability to increase their number 9 or 10 percent each year. Non-resident tuition can be increased anywhere from 5 to 20 percent each year, depending on the program." (Dan Miner, "SUNY Tuition Hike Expected," Buffalo Business First, 11/14/13)


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