Billionaire businessman Mark CubanMark CubanMark Cuban adamant about vaccinations: 'If you work for me, I require my employees to be vaccinated' 'Shark Tank' investor Barbara Corcoran apologizes for comments about Whoopi Goldberg on 'The View' NFL player said he'll get vaccinated if he can earn a profit from it MORE says Hillary ClintonHillary Diane Rodham ClintonSuper PACs release ad campaign hitting Vance over past comments on Trump I voted for Trump in 2020 — he proved to be the ultimate RINO in 2021 Neera Tanden tapped as White House staff secretary MORE'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.
Clinton unveiled her $350 billion “New College Compact” last week, a plan that would guarantee tuition at public schools without forcing students to go into debt, cut interest rates on student loans and make community college free.
Progressive groups have lauded the plan as “bold” and “ambitious.”
Republicans, though, have criticized the plan, saying it would just raise taxes and increase the debt.
Cuban has voiced support for GOP presidential front-runner Donald TrumpDonald TrumpYoungkin ad features mother who pushed to have 'Beloved' banned from son's curriculum White House rejects latest Trump claim of executive privilege Democrats say GOP lawmakers implicated in Jan. 6 should be expelled MORE.
“I don’t care what his actual positions are, I don’t care if he says the wrong thing,” Cuban said in July. “He says what’s on his mind. He gives honest answers rather than prepared answers. This is more important than anything any candidate has done in years.”