June 24, 2019
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7:58Now PlayingDays before the first Democratic presidential debates, Sen. Bernie Sanders and House progressives are unveiling legislation to cancel all student debt, going further than a signature proposal by Sen. Elizabeth Warren as the two jockey for support from the party’s liberal base .
By canceling all student loans, Sanders says the proposal would address an economic burden for 45 million Americans. The key difference is that Warren’s plan considers the income of the borrowers, canceling $50,000 in debt for those earning less than $100,000 per year and affecting an estimated 42 million people in the U.S.
Questions face both candidates about how to pay for all of that plus their proposals for free tuition at public colleges and universities. But the battling ideas highlight the rivalry between senators who have made fighting economic inequality the cornerstones of their 2020 presidential campaigns.
(ARTICLE: AP)
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Sanders, progressives unveil bill to cancel student debt
Bernie Sanders, Elizabeth Warren offer competing plans to cancel student loan debt
Bernie Sanders: I Will Cancel All $1.6 Trillion Of Your Student Loan Debt
Bernie Sanders unveils plan to cancel all $1.6 trillion of student loan debt
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