Elizabeth Warren's student loan debt calculator tells you how much of your debt could be canceled if she's president

Sen. Elizabeth Warren launched an online calculator Friday that determines how much student loan debt would be forgiven, per person, if she’s elected as president in 2020.

The debt calculator first asks “Do you have student loan debt?” Once the user answers “Yes,” it asks what type of school the loan was for, whether junior college, four-year college, graduate school, trade or technical school or a job training program. For purposes of this report, an outstanding student loan debt of $45,000 to a four-year university was entered, along with a previous year income of $45,000. The results indicated that all of the student's remaining debt would be forgiven."Elizabeth’s plan isn’t some pie-in-the-sky idea: It’s a proposal that would make a tangible impact on millions of Americans’ lives — and 100 percent of it would be paid for by Elizabeth’s Ultra-Millionaire Tax.

"For two cents on the dollar, we could pay for universal child care, universal pre-K, universal college and knock back the student loan debt burden for about 43 million Americans and still have nearly, just short, of $1 trillion leftover," Warren told CNN."It tells you how badly out of whack our economy is right now."

Are empty promises of 'free' handouts all the Democrats have to offer?

A loy of wampum!!!!

Pay your own debt. You borrowed it. You promised to repay. Plenty of responsible people make tough financial decisions so they can pay their loans back.

PLEASE STOP trying to buy votes!🙄These candidates sound like they're running for president of the senior class of a high school.

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