Bernie Sanders to unveil plan to cancel all $1.6 trillion of student loan debt | Metals Mine

  • Bernie Sanders to unveil plan to cancel all $1.6 trillion of student loan debt

    From cnn.com

    Sen. Bernie Sanders is set to stake out uncharted territory in the Democratic presidential primary, offering up a plan to completely eliminate the student loan debt of every American. On Monday, Sanders will submit legislation that cancels $1.6 trillion of student loan undergraduate and graduate debt for approximately 45 million people. His ambitious plan has no eligibility limitations and would be paid for with a new tax on Wall Street speculation. The proposal goes further than the plan already unveiled by his Democratic primary rival Sen. Elizabeth Warren. Warren's debt relief package was subject to income ... (full story)

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The Fool
Jun 24, 2019 1:00am
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Clowns to the left of me, Jokers to the right...here I am...stuck in the middle...
Bigbagofspam
Jun 24, 2019 6:05pm
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I'm in full support for straight A's are free. If you fail out, without extreme circumstances...here is your bill. Reward those who work hard for it, not those whose great great grandparents worked hard. Nothing wrong with having money, but rich or poor, hard work builds character, having handed to you usually does not. If your poor and have to hold down a full time job while going to school, YOU DID EARN IT!. Something in the middle conservatives and liberals could agree on if it wasn't all about sticking it to the other team.
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UnBearybull
Jun 24, 2019 11:30am
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Very good idea. A great country will Invest in its youth, and people who couldnt afford higher learning before.

This is an INVESTMENT, not a cost.

The RUBBISH that jealous people come out with in here. Short-sighted nonsense.
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cuchuflito
Jun 24, 2019 1:50am
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Most expensive/unaffordable College on the planet...there must be something wrong..
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676f6c64
Jun 24, 2019 9:38am
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Headline next month: "Bernie Sanders to unveil plan to cancel all $21.97 trillion of US debt"

Headline month after that: "Bernie Sanders to unveil plan to cancel all $247 trillion of world debt"
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Zonny
Jun 24, 2019 12:38am
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So who’s going to be the one paying for the debt Mr Bernie ? Tactics for people to vote for you 😟
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DonFF
Jun 24, 2019 1:14am
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Student loan is similar to the Trump wall in this respect....I will build the wall and get them to pay for it......With student loans the rulers of the world says...I am gonna pour crap into peoples head and get them to pay for it for the rest of their lives!
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jimr
Jun 24, 2019 3:30am
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Similar plans in the UK from the left. It's nothing to do with political ideology just an easy way to bribe the young to vote for them and let the taxpayer pick up the bill.
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Trader#E883
Jun 24, 2019 5:46am
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it doesnt take a genius to realise a more educated workforce would increase job prospects, wall street can more than afford it, especially with the amount of foreign investment too.
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jimr
Jun 24, 2019 2:48pm
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Quoting Guest
it doesnt take a genius to realise a more educated workforce would increase job prospects, wall street can more than afford it, especially with the amount of foreign investment too.
Yes that's true but if you look at the subjects that many are studying you'll realise their expensive education is neither use nor ornament.
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Trader#4237
Jun 24, 2019 7:43am
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they already have way to payoff their debts its called 6 years in the military.
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Trader#FDE7
Jun 24, 2019 8:24am
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Increase taxes on wall street for this and the price of college will go up and capital flight occur out of wall street to places like Singapore and Switzerland.
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