Connecticut Governor Dannel Malloy says he has a plan to make college more affordable. The Democrat, who is running for re-election, outlined his plan at campaign stops in New Britain, Danbury, Norwalk and Stamford on Tuesday.
Malloy’s three point plan would allow Connecticut residents to take up to a $2,500 tax credit on student loan interest; it would allowing students to refinance their loans to lower rates; it would boost the governor’s scholarship fund from $43.6 million a year to $53.6 million a year.
“We think it’s a timely and appropriate investment particularly the cost of a college education in Connecticut including our state institutions. And so we certainly want to see that addressed,” said Malloy at a campaign stop in New Britain.
The College Democrats and the Working Families Party released statements in support of Malloy’s.
The governor’s Republican challenger Tom Foley has yet release a higher education plan. The (Foley) campaign is still working on one, a campaign spokesman said.