FILE PHOTO: Democratic 2020 U.S. presidential candidate and U.S. Senator Elizabeth Warren speaks to supporters in Memphis, Tennessee, U.S. March 17, 2019. REUTERS/Karen Pulfer Focht/File Photo
Warren, in a post on the website Medium, proposed canceling $50,000 in student loan debt for anyone with annual household income under $100,000, which her campaign said would amount to 42 million Americans. It would also cancel some debt for those with household incomes between $100,000 and $250,000.
“The first step in addressing this crisis is to deal head-on with the outstanding debt that is weighing down millions of families and should never have been required in the first place,” Warren wrote.
Maybe cancel the outrageous Compounding interest on Student loans . .You treat foreign countries better.
A lot democrats look like idiots. Trump seems going to win again in 2020 though he's not really someone I want to choose.
Fauxcohontas proposes a 800billion tax increase for just one of her ideas, just 1.
How many times can we collapse and bail out the banks?
We all have choices as to the college to attend . Why attend a college that would put one deeply in debt? If someone chooses an expensive college, why do we have to forgive these loans? I don't want to bear the cost of someone elses choice.
She is in need of her lead tablet.....
So when is my check in the mail as I paid my loans but since my house is less then the target amount clearly people like me who paid off their debt should get free money right Liz.
Take another hit off that doobie Liz
Standard policy of those on the left in every country in the world when up for election. Buy the youth vote by promising to give them free stuff or pay off their debts even when you know it won't be possible to do so. The UK Labour Party did the same at recent elections.
Or the snowflakes can claim they are Indians and get a free ride?
Did Pocahontas offer to pay back her use of native american set asides?
BS. She is pandering
Forget the student loans...you can please more people by canceling their car loans! Let me know when this is happening so I can go purchase a high-end sports car.
Grab another beer
everybody scary grandma
Last time I checked, households that made 100k a year were not poor. I could possibly see help for households in extreme poverty, but this isn't it.
Again, it will be paid for how? Does this woman live in a permanent state of delusion?
So I have to pay taxes to bail out too-big-to-fail-banks that don't give a shit about me or anyone for that matter, but I can't, with my fellow citizens, bail out my friends and many others that have crazy student debts? Makes no sense to me.
Can she cancel my mortgage too? How about my credit cards, car loans? No one forced them to take out those loans and I don’t think I should have to help pay them back! If I’m paying, I want the degrees they got!
Warren is grasping at straws. She along with many other so called Dem candidates have zero chance of being elected. Their promises are meaningless.
How will she pay for it? She is just buying votes with taxpayers money. I think Trump2020 will win regardless of which Democrat wins their nomination.
The best thing that could happen to the nation is if the stock price of investment banks plummeted, so that they would go back to being private partnerships investing their own money and bearing the risk thereof. ewarren Investors should bear their own risk!
very generous If college tuition is free then there'd be students doing flippant courses wasting cost doing wrong degree/subjects Arts/archeology r wasteful They r hard to get jobs We must get students to do technical course ready for robotic &gene techno
Mefirst make it all cedit card debt and you purchased my vote
Party time... 🍾
What will happen other students whose already paid? Is it fair or not?
Why. Should. I. Pay. For. Your. Debt?
She's always quick to pledge other people's money. How about Fauxchahontas sharing some of her own wampum. We don't want it all you can keep enough for a cold beer.
You also going to cancel the billions in loans the parents too out to pay for thier kids to go to college?
she's only doing this for votes. she plays the game.
Well that’s one way of purchasing votes...
No doubt she sold her positions in sally Mae!!!
Quit over paying for education!!
So is this what kind of folks Harvard produces?
Well then how will Harvard pay you your $425k salary to teach the one class on “ how to pretend to be a minority to get ahead in today’s society “?
Who will pay all of the loans!? I had to pay for my M.Ed!
👏👏👏
She is not proposing that we are going to 'cancel' anything. She will be having taxpayers assuming responsibility for payment of the loan. Do better Reuters.
This will be an excellent economic stimulus and will pay huge returns through increased home and automobile sales and business formation and investment. I applaud Sen. Warren for bold thinking.
What about those who have already paid off their debt? How do the lenders make their money? How will Universities be punished for allowing costs to skyrocket, simply because the government backed all loans?
Why do you think that everybody wants to pay off a liberal college students dept?
Idiotic. Education is too damn expensive and should be reigned in, however it is important for students to have skin in the game. It is why free housing goes to hell. No real ownership.
She must still be a slave to the DOE, trying to pay off her student loan debt.
We should all get a unicorn too.
👍
WTF SenWarren so, are you going to reimburse me for all my loans which i took responsibility for and paid back? you’re giving losers and slackers, who overextended themselves and were irresponsible the ability to get away with ROBBERY you are clueless.
Free money to descendants of slaves, forgiveness of student debt- to create more to pay the liberal education system. Great economic plan! 😂😅
And all girls under 12 get a free pony!
Courage combined with intelligence.
This is a campaign in free fall. Not a serious proposal.
I propose to run Scooby Doo re-runs 24/7 if you elect me! And I also propose to bring back the PUNISHER on NETFLIX! Vote for RICH J 2020