The senator claims the plan would "give every American the opportunity to attend a two-year or four-year public college without paying a dime in tuition or fees". Every year, millions of Americans decide not to take out student loans and, instead, attend low-priced trade schools or use their high school diploma to find work - both of which are financially sound decisions that don't require the bailout Warren proposed. Debt forgiveness alone would involve a one-time cost of $640 billion. The Massachusetts senator says her plan would be paid for by imposing a two-percent tax on ultra millionaires.
In a Medium post, Warren wrote that the U.S.
"It's not enough to make sure every American can graduate from a public college debt-free".
While some of the brightest lights in the swiftly expanding universe that is the Democratic presidential primary have yet to announce any major policy initiatives on their websites (*cough* Pete Buttigieg *cough*), Massachusetts Sen. Bernie Sanders, I-Vt., who is seeking the Democratic nomination for president, has proposed the College for All Act, for instance, a cost-sharing program that would send $47 billion a year to states who agree to increase their higher-education funding. "The Universal Free College program brings the total cost of the program to roughly $1.25 trillion over ten years", she adds.
Warren's first order of business would be to "solve" the problem of student-loan debt by simply canceling it.
Warren listed policies like universal background checks and an assault weapons ban "to take weapons of war off our city streets", and concluded by saying "We need as a country to step up, to be more responsible, to be willing to push back against the NRA and to put some sensible gun safety laws in place". "And the fact that there was a commuter college about 45 minutes away that I could pay for on a part-time waitressing job - you know, it opened a door", said Warren, who has made the story a fixture of her stump speech.
Goldrick-Rab said communities of color will stand to benefit significantly from the combination of debt forgiveness and free tuition. While Sanders' 2015 proposal offered free tuition for everyone, a 2017 bill scaled back eligibility based on income - language built on a compromise proposal agreed on between Sanders and Clinton during the 2016 election. She also would require public colleges to complete an annual audit identifying shortfalls in enrollment and graduation rates for that population.
On Monday night, at one of five consecutive hour-long CNN candidate town halls, Warren was asked if she was concerned about being "Hillary'd" during the campaign - an apparent shorthand for facing sexism during the race.
Mueller Report: Sanders Admitted To Lying To Media
Sanders, no longer under oath, doubled down on her original lie in her interview with Good Morning America. There have only been two briefings so far this year, and the last one took place 38 days ago.
Warren is unapologetic about her heavy focus on policy.
This week Warren joined California Sen.
"What I worry about is that works to Trump's advantage", he said.
"I think it would be beneficial on one end but I can't really speak on how detrimental it would be or if it would be detrimental at all", said Bruns.
But when questioned, she admitted that doesn't stop her from shopping at the retail monolith. But somehow I doubt that her student loan plan will be the one that moves her to the front of the pack. "Arguably, that's probably a better, more targeted approach than what she's proposing".
While other 2020 candidates have spoken out on student loan debt - Warren is the first to roll on such an ambitious and specific plan. Sen.
Marshall Steinbaum, a fellow at the liberal think tank Roosevelt Institute, supports Warren's proposal and argues that these days, people who choose not to borrow for college have parents who can finance their education.