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Hillary Clinton announced a new component to her $350 billion higher education plan Friday that targets the 4.8 million students who are also parents and among the most vulnerable to student loan debt.
The 2016 Democratic front-runner wants to significantly boost federal funding for high-quality campus childcare programs and create a scholarship to help student parents cover college costs.
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Low-income families spend an average of 40 percent of monthly income on childcare, according to the Institute for Women’s Policy Research . The average annual cost of center-based infant care ranges from $4,863 in Mississippi to $16,430 in Massachusetts, and it exceeds the average tuition and fees of a four-year public university in 31 states and the District of Columbia.