Elizabeth Warren Unveils
$640 Billion College Debt
Forgiveness Plan Elizabeth Warren wants to eliminate
college debt for 42 million Americans. Her proposal calls for the cancelation
of $50,000 in debt for anyone with a
household income under $100,000. Warren believes the burden of student
loans has a negative impact on the U.S. economy. Elizabeth Warren, via ‘Medium’ The cost of the debt cancelation
would be covered by her proposed
Ultra-Millionaire Tax, which calls for a 2% annual tax for
families with over $50 million in wealth. She also proposed her plan
for universal free college, calling for public
colleges to be free of tuition and fees. Elizabeth Warren, via 'Medium'