Warren unveils $640 billion college debt forgiveness plan

The Massachusetts senator says the proposal unveiled Monday would eliminate almost all student loan debt for 42 million Americans, canceling $50,000 in debt for each person with household income under $100,000. According to Warren's description of the plan in a piece to be posted on Medium, the debt cancellation proposal would create a one-time cost to the federal government of $640 billion.

Among Warren's other proposals is elimination of tuition and fees for two- and four-year public college degree programs, as well as a $100 billion investment in Pell Grants, a federal aid program that requires no payback. The costs of debt cancellation and universal free college, Warren said, would be"more than covered by my Ultra-Millionaire Tax -- a 2% annual tax on the 75,000 families with $50 million or more in wealth."

The good news is if she somehow (it won’t happen) but if she somehow managed to push this through, we no longer have to get bombarded with robo calls about student loan debt forgiveness programs.

Buying votes with a program that will never happen, people ha e to be stupid

And a free house. Guaranteed income. Free no deductible health insurance.

Thinking the college students will vote for you when you do this? Im praying they are smart enough to see through your smoke screen. You are pure evil!

Keep Po ca dot away from finance.

Goosy goose. I 'm not worthy

This PERSON IS INSANE FOR BRING UP THIS PROPOSAL KNOWING THAT IT WILL NEVER PASS...SHE DELIVERS FALSE HOPE TO SO MANY YOUNG 🤬👎👎👎👎👎👎👎👊 PEOPLE FOR OWN GREED

Both myself and my sister were turned down for student loans but yet our home phone number was listed in their database. So the phone book must be their database!

Sounds great?She should Pay it for all the college money she scammed saying she was a Native American/Running Bull! You Pay it Running Bullshit!

Who is she again a presidential candidate 🎃

So stupid move and Policy. Dems always offering free stuff for everybody but using other people’s money, the money from what they call “The Very Rich”, not using the money of “The Rich” which they are. No! they say, “Don’t touch what is mine. Only touch ‘the very rich’”

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Warren proposes $640 billion student debt cancellationSen. Elizabeth Warren proposes canceling approximately $640 billion in outstanding student loan debt Go Liz! They lie & lie, they know they can't make any of these ideas a reality, they promise shit 2attract naive credulous voters 2 vote for them, but they know it can't be done, they will never get support from REPS to do any of it. So Rather vote 4 a strong realistic economy w/Trump If she could actually do this, I’d vote for her, even though I find her personality unappealing.
Source: politico - 🏆 381. / 59 Read more »