Rubio economy: ‘The old ways no longer work’

“We need to change how we provide degrees, how those degrees are accessed, how much that access costs, how those costs are paid, and even how those payments are determined”.

Rubio spoke in Chicago before making his first extended campaign swing in Iowa.

The speech was part of a move by the U.S. senator from Florida to raise his visibility on the campaign trail after focusing on Senate business recently.

Since his 2016 presidential campaign launch in April, Rubio has kept a schedule heavy on fund-raisers and meetings with potential political donors.

Rubio said he would establish a new accreditation process that would “expose higher education to the market forces of choice and competition”, and create income-based loan repayment programs to make student debt more manageable.

It also offered Rubio the ability to explain of what has come to be his candidacy’s main focus: readying America for getting a years to come altered by globalization, computerization, and hasty…

It was no accident Rubio chose 1871 to deliver his message. “Only through an innovative economy can we translate new technologies into new middle class jobs, and only through a revolutionized higher education system can we equip all our people to fill those jobs”, Marco said in prepared statement.

Rubio proposed an overhaul of the country’s higher education system.

Rubio has used previous campaign events to discuss the plight of working mothers, middle-class families and college students, wading into topics that Democrats often emphasize.

“”In addition, Rubio called for a “territorial tax system”, which he believes would incentivize businesses to return assets to the U.S. He claimed that current policies keep large portions of companies like Apple away from the US, citing their almost “$171 billion sitting overseas”.

The GOP presidential hopeful also took a jab at Democratic contender Hillary Clinton and said he would put a cap on the amount that US regulations could cost the economy.

The Miami Republican – who began teaching politics at Florida worldwide University as an adjunct professor in 2008 – derided existing colleges and universities as running a “cartel” more concerned with blocking new competitors than embracing low-priced ways to teach students. He got into specifics on his plan for the “new American century”. He later referred to the “narrow and shortsighted” ideas of Clinton “and other outdated leaders” he didn’t identify.

Rubio promised that he would change student-lending rules to allow private investors to pay for individual students to attend college and overhaul how colleges are accredited.