Democratic gubernatorial candidate Jack Hatch announced one of his first major policy initiatives Thursday as he seeks to get elected this fall.
Hatch says his “open doors” college debt plan will help Iowans graduate college faster and with less debt thanks to low interest state loans.
The first part of his proposal calls for creating an accelerated B.A. program that would allow students to combine all credits from any accredited Iowa university or community college to earn a single degree.
To help students pay for classes, the state would create a $150-million need-based loan program.
After five years, Hatch says the loan program will be self-sustaining.
Hatch is the only Democrat who’s officially announced a run for governor.