Домой United States USA — Political Elizabeth Warren Wants To Erase Most Student Loan Debt

Elizabeth Warren Wants To Erase Most Student Loan Debt

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Massachusetts Sen. Elizabeth Warren has issued another big policy proposal as part of her campaign for the Democratic presidential nomination in 2020. This
Massachusetts Sen. Elizabeth Warren has issued another big policy proposal as part of her campaign for the Democratic presidential nomination in 2020. This one concerns higher education.
Warren proposes that the federal government write off hundreds of billions of dollars in existing student loan debt.
The amount of debt that would be eligible for forgiveness would vary by income, but an independent expert analysis submitted as part of her plan suggests that three-quarters of households would see all their federal student loans forgiven. In addition, the analysis notes, getting rid of this debt would reduce the racial wealth gap.
The debt cancellation plan, according to her post on Medium, «cancels $50,000 in student loan debt for every person with household income under $100,000» and «provides substantial debt cancellation for every person with household income between $100,000 and $250,000.»
Beyond the student debt plan, Warren calls for eliminating tuition at all public two- and four-year colleges, an idea introduced by Sen.

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