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NEW: @EWarren education policy 👇
—Cancels up to $50,000 in student loan debt for incomes under $250k
—Estimated to fully erase debt for 42 million or 75% of people w/loans
—Free 2- and 4-year public college
—Costs $1.25 trillion, funded by wealth tax
bloomberg.com/news/articles/…
—Cancels up to $50,000 in student loan debt for incomes under $250k
—Estimated to fully erase debt for 42 million or 75% of people w/loans
—Free 2- and 4-year public college
—Costs $1.25 trillion, funded by wealth tax
bloomberg.com/news/articles/…
Student loan debt in America topped $1.5 trillion last year.
Elizabeth Warren is making an appeal to millennials on a major crisis for their generation.
bloomberg.com/news/articles/…
Elizabeth Warren is making an appeal to millennials on a major crisis for their generation.
bloomberg.com/news/articles/…
How Warren’s plan works:
If your income is <$100k, erase up to $50,000 in student debt. Gone.
Then for every $3 in income, that $50,000 in forgiveness drops by $1.
So if you make $130k, get $40,000. If you make $190k, get $20,000.
By $250k you get $0.
bloomberg.com/news/articles/…
If your income is <$100k, erase up to $50,000 in student debt. Gone.
Then for every $3 in income, that $50,000 in forgiveness drops by $1.
So if you make $130k, get $40,000. If you make $190k, get $20,000.
By $250k you get $0.
bloomberg.com/news/articles/…
