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'
Be the first to comment