for student loan debt forgiveness would:Provide substantial debt cancellation for every person with household income between $100,000 and $250,000.Also make private student loan debt eligible for cancellation.
Streamline the student loan debt forgiveness process using data and income information already available to the federal government. Importantly, Warren's plan offers no student loan debt cancellation to borrowers with a household income above $250,000, which she says is the Top 5% of earners. There would also be"phase-outs" based on income. The $50,000 cancellation amount would phase out by $1 for every $3 in income above $100,000.
This is the kind of big, structural change we need to make sure our kids have opportunity in this country."How would Warren pay for this student loan forgiveness plan and universal free college plan?Warren's Ultra-Millionaire Tax would include a 2% annual tax on the 75,000 families in the U.S. who have at least $50 million in net worth.
Warren also wants to invest an additional $100 billion in Pell Grants over the next 10 years and expand eligibility for Pell Grants to include more lower- and middle-income students.Some of the 2020 presidential candidates have weighed in on the future of higher education, how to manage growing student loan debt, and how to
Free has no value. Taking responsibility for one’s choices is very valuable. PayYourBills Also, the NotFair generations aren’t going to get you elected.
How considerate of those whose degrees were paid for with actual money 🙄
Translation - I'm going after the millennial vote... They won't get shit when I'm elected ... But hey promises made!
Which degrees are free? PhD? Master’s? Bachelor’s? What subjects? Science? Gender studies? Sociology? Business? How many can I get? Elizabeth Warren is a fraud, a hack trying desperately to buy votes with free stuff.
Cool your gonna cancel student loan debt? I’ll send you a bill for my degree, my wife’s degree, my physically challenged son’s degree-I paid for all three so a payback will be just awesome! victims professionalpoliticians TermLimits
She needs to be going after the colleges and universities who have slurped at the trough of federal funds, while taking advantage of students. Why is this a taxpayer funded solution?
Rethink education with technology in mind. The answer is a de-emphasis and eventual end to the campus-based higher eduction. Technology enables a continuous life long education system that can put anyone at any age into highly technical education and careers for near free.
Pocahontas
Free? How does that work?
Easy to wipe out student loans considering they are government debt anyways. Just start printing more money Fauxahontis
Nothing in life is free! How will this be paid? How about going back 40 years and paying for our college back then instead of having to work asses off just to live and attend school?
This lady is nuts.
If she cancels Mondays, I’ll be interested
You took the loan, now pay it. Cant pay it, claim bankruptcy.
ewarren EW owes me $150k. I worked my ass off to put three kids through college without loans. What’s fair for one should be fair for all.
If you can’t find a job, the degree is useless. If the degree is useless, taxpayers will be wasting their money. Let’s create jobs first.
I paid all my loans! I worked very hard for it! She is ridiculous! She is a lier! There’s no money for such a thing!
Build the Damn wall first.
Would political candidates still get paid for speaking at colleges ? Asking for a friend ElizabethWarren Election2020
Thankfully, the MSM is spending a bit more time covering the candidate with the most detailed and impactful policies. There is a bit of momentum gathering behind ewarren
SenWarren you need to work on those college board members and all their perks first. Lower the price of college. It shouldn’t be free. It won’t be worth anything at that point. Degrees from free government hand out. Yeah!!! Can’t wait for that... stupidityrises
Wow, how nice of professors and college staff to work for free.
Agree
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