Warren won't back down on taxing billionaires to cancel student debt, despite Leon Cooperman blast

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Democratic presidential candidate Elizabeth Warren lashed out at billionaire Leon Cooperman on Monday for his stake in the student loan servicer Navient and stressed the importance of forgiving student debt.

Nearly 60% of Americans support a proposal in which borrowers who earn less than $250,000 get $50,000 of their student debt cancelled, according to a Quinnipiac University poll in April. Yet that backing drops to 44% if such a plan were funded through a tax on the wealthy."One thing I know he cares about — his fortune," Warren wrote in a Tweet on Tuesday. "He's a shareholder in Navient, a student loan company that has cheated borrowers and used abusive, misleading tactics.

Warren has been a prominent critic of Navient, one of the largest student loan servicers in the country. She said Cooperman "went so far as to ask how I might impact his investment in the last earnings call with Navient." To that end, Mark Kantrowitz, a higher education expert, said, "If there's widespread student loan forgiveness, student loan servicers and lenders would take a big hit."

 

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Bernie or Elizabeth 2020

A billionaire tax doesn’t even begin to cover the costs of her endless spending plans.

If she thinks it’s OK to go grabbing their money next she’ll come after yours to finance another one of her utopian Leftist wet dreams...

We need to tell this evil witch that we won’t pay your wealth tax, you warren can go straight to hell.

Warren is correct-student loan debt a $1.5 trillion time bomb worse than 2008 mortgage crisis-Navient w predatory collection agencies like ECMC or Pioneer sucker defaulted poor students then add 60% to principal, creating debt slavery, ruining USA future SenWarren ewarren CFPB

she gonna destroy the US worse than Hillary wld have done! anyone who backs her and not Trump,especially the WallSt banksters, i wld move my $$$ immediately! these greedy bastards gonna get paid coming or going! u r gonna lose it all!!

Good! To hell with all this corporate welfare on that backs of the working class.

What about the lies about being Native American? How can you believe anything she says? I don’t.

ewarren in his interview he spoke about how many county have tried wealth tax that failed- how about how many countries have tried universal healthcare that have succeeded?!!!

What a hypocrite. Warren and her husband are a big part of the problem of why schools cost so much. Their salaries for teaching (which is a part time job when compared to normal woking people) are ridiculously high. She doesn’t truly care about the costs to students

So if I’m a billionaire Inhave to take responsibilities for someone’s actions? did anyone force these people to go to college? it’s nto a right it’s a choice. Your responsibility is not mine and I’m not responsible on your life okey? why anyone would pay for someone’s education?

She has disqualified herself.

She will now tax them for free healthcare as well 😂

It's really a shame she won't come a little center. She can't win the election being so far left. It's not what most of us want..

Can’t fix stupid.

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