Elizabeth Warren's new bill would cancel student loan debt for millions

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

The bill would forgive $50,000 in student loans for Americans in households earning less than $100,000 a year, resulting in immediate relief to more than an estimated 95% of the 45 million Americans with student debt.

Washington Massachusetts Sen. Elizabeth Warren is introducing a bill Tuesday that would cancel the student loan debts of tens of millions of Americans, a plan she first proposed on the campaign trail in April.

The 2020 Democratic presidential candidate is partnering with South Carolina Rep. James Clyburn, also a Democrat, who will sponsor companion legislation in the House. For those earning more than $100,000, the bill would offer partial debt relief with the amount getting gradually smaller until it phases out. Households that make more than $250,000 are not eligible for any debt relief.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Reform how interest is applied... reform the WHOLE PROCESS!!

So it's just ... gone? Subscribe for free here: (link:

seriously forward there outstanding student loans to us... tax payers..!!! What good common sense this senator has.

How do you pay for that?

WajahatAli It’s not enough!

That would help me. I'm only$10,000 in debt, but can't get any loans because of it.

What message are you sending to student if you forgive their debt? The message I see is that when they borrow money, they don't have to pay it back. Is that the message to send to the youth of this country?

That vcd would be the best fir our young Americans and families!!!

Join the military and get your loans repaid! Already is in place, sign up today.

$250k forgive that please.... I'm a social worker, still not making anywhere near $50k. Help me

My 37 yo son just paid his off after 11 years of self denial and working his ass off. I don't think he will be voting for Lizzy the Indian.

How are we going to pay for that? Maybe there could be a program where students or college graduates can pay off there loans by helping communities out, some sort of service to help run cities or companies. Possibly continue driving the economy. I’m open to all ideas.

It's the students fault for spending more money than they have, and it's not anyone else's fault but theirs.

Doesn’t Bernie’s plan forgive ALL of it?

How about the ones who have already paid their student loans? Do we get something in return?

Bankrupt America not electable

Great incentive to not push yourself to produce more . 99K gets up to $50,000 relief, 101K get zip You know the country already has a “free “ college program. It’s called the GI bill. Worked for me , 4 years of college paid for free and clear.

More give-aways. Trump gives away $27 billion to farmers to bail them out after his stupid tariff-war hurts them. Gives away billions in his (and Paul Ryan's) asinine tax-cut for the wealthy & corporations. So now we're gonna cancel most student debt. What's next fellow citizens?

Forgiving debt at taxpayers expense is just plain stupid. Its another hand out. It would be better to make college more affordable which would lower the loan needed to pay for it

Hope you have a big bank account, Pocahontas !

I paid off mine by working , you appreciate more what you have to work hard for , not what was given by tax payers !

Ridiculous. What happens when the grads start to earn over $100k? Can the payments start again?

How I would love to believe this. One thing I have caught on with political debates is that they all make all these promises yet they never follow through with them.

That's exactly what I need as a taxpayer - to add someone else's loan payments to MY OWN student loan payments. This is such bullshit! 😡

Girl Make liberal colleges brainwashing students refund their tuition We have the terror group Antifa from their years of brainwashing and getting paid for it

cheryl_alyson How about those of us who didn’t go to college but started small businesses with blood, sweat and even tears. Through tough times and good. We’ve never gotten a thing, not been able to get any government sponsored funds. Would love 50,000 for all the lean times we’ve endured.

No to college debt relief. How many of those borough dollars bought cars and other things not related to school things. My nephew bought a car with his first check. My brother bought drugs with his. Way more than once. How do you know where they really spent the money?

Lets teach everyone that it’s ok not to pay your debts because eventually the Governent will forgive them for you. You, as an adult, signed on the dotted line. You are responsible, not tax payers.

This absolutely makes no since. They got there money so they should pay it back. You need to focus more of what and how to control the out of control idiot in oval office.

Sounds great Liz, but who's paying for it?

Money in fact does grow on trees.

I would still be over $100k in debt. So it wouldn’t help.

Pandering. Unfortunately people believe this crap. Their loans are waived but their taxes (and ours) go up sky high from now until eternity. Sweet deal.🙄

I’m liberal, yet I think this is extreme.... why not start by capping interest rates at 2-3%? And households making more than $100k borrow money too. Need more thought around this.

No!

I don’t understand how someone with a college degree cannot afford to pay back a $50,000 loan. I do not have a college degree. I make just under 100k a year and I don’t have any problems paying my bills. Why can’t they pay theirs?

Isn’t there more important issues that need action?

More pandering that only sticks the working taxpayer with another tax in the end. Notice in all of these lame schemes the bankers still get paid.

Candidates pandering to voters with promises of cash and free college is just silly considering the current GOP Senate that is not going to pass anything. Concentrate on voting them out and returning to normal... that's number one.

Why do we want to subsidize people who make a good income?

Make it retroactive and put 10% yearly interest on it and I’ll vote for her

Buy your votes with your money not ours.

Great how about a bill to forgive my mortgage or car loan? Hell just give everyone free money

Elizabeth Warren will be our 1st Native American President 👍

If you like Warren’s plan to cancel half of student debt, you’ll love Bernie’s plan to cancel al of it! Bernie2020

the proposal relies entirely on the passage of her wealth tax as do the majority of her proposals, until you have the resources it's not realistic to offer people relief, perhaps the discussion should be why is the student loan process designed to own people for decades?

No 👏🏼 thanks 👏🏼.

So the blue collar workers, union guys and gals, without a degree, will essentially be paying for the degrees of the people that will be out earning them in a few years. Really?

Then you owe me 100,000

PAY your own bills. YOU signed the contract not me

Remember who pays for this. I do not want higher taxes!

Typo... “The bill would transfer $50,000 in student debt to Americans making over $100,000 a year...” Fixed it for you.

Free stuff

I want my student loans paid 30 yrs ago..I had no help! ..I want reimbursement money to help pay kid's loans. Many parents sacrificed incomes to help kids. Middle class families can make over 100k 2 working parents ..low income kids get scholarships already... such a joke!

SCAM!! Programs like these will foster class division and kill the Middle Class. And of course there’s no way to pay for it

Households with 2 children and 100,000 income is a check to check home in the northeast.

What about reparations for all those that already paid back their loans? This woman is loony

WajahatAli It took me 15 years to pay off my loan, this wouldn't sit well with me but it would just be envy I didn't get that option, but I am very proud I paid my debt and honored my responsibility.

I do not agree with this. I DO agree that loans should be very low interest and ALL state colleges should be free tuition for residents. Loan forgiveness is not fair for those of us who took decades to repay their loans. Do I get a refund?

Transfer the debt to others, fixed it .

The weak-minded people believe.

Ok stupid...

So I had to pay off my own loans, and now I’ll have to pay off someone else’s loans. F that

What about all of us who already paid off? It’s a loan. Don’t take it if you can’t pay it off

Not paying for it GFY

Oh great we earn 102,000.00 . So stupid you are out !!!

How about this Pocahontas. How about passing some legislation protecting young kids and their families from getting RIPPED OFF BY COLLEGES AND UNIVERSITIES!!! How about letting people be able to sue the college or university for issuing diplomas that don’t produce jobs?!!!

Maybe she should stop taking $300k to teach one class a week. She’s part of the problem and she wants to fix it by taking your money

That loan is my money.I want it back.

What I want to know is do I get reimbursed for my college tuition? I busted my ass working 2 jobs to payoff my student loans. I didn’t get a free handout. How about forgiving mortgages debt too. If you really want to help Americans, try forgiving everyone’s mortgage debt?💰

Yeah and put a burden on me the taxpayer

Buying votes and bribery is illegal

Can anyone give me $75000, come on man, up the ante!

At who’s expense? Debt just doesn’t disappear. Who will ultimately pay? Or is the plan to put these financial institutions out of business? ID10T

Con game

Will I get relief for making less then $100,000 a year and scrolling, saving and sacrificing to save to send my son to college, WITH NO HELP FROM ANY PROGRAMS! Learn to live and save within your MEANS!

PattyArquette 👏👏👏👏👏👏👏👏👏👏👏

What about the rest of us. do we get $50.000 Off on our mortgages or pay our car loans off? Warrens is just trying to buy votes.

Democrats cry about the pharmaceutical industry and wanting to control the pricing of prescription drugs. Yet no discussion on why the cost of college is so high. Why won’t they address that? Why does it seem that every liberal stance is hypocritical?

Why have they waited decades to do this? Because it can’t be done! These bozos will say anything to get re-elected and your followers will believe them. Thank God MAGA is the MAJORITY! BTW: how many times has CNN’s staff visited Epstein’s island?

Lololol so introduce it now? Why wait until you take the L?

michaeleaves What about the people who already paid their debt? What do we get?

Wipe away the interest and get them down to principal only.

And then what? What about future students? What about those in the past who paid their loans. And, that's my tax dollars.

That would be a huge injection of cash into the economy. Time to make public colleges free.

US doesn’t have too much young population. If you want to win you better target the largest population group.

My household make $101,000 - what about us ?

Prostituting herself with other people's monies for votes - Warren couldn't bring this up for the past 10 years as a senator. It was Obama's Marxist economic policies from to suffocating regs to disastrous trade deals that got us here.

Who's gonna pay for it? Jesus?

Hmmm, so I worked hard, made smart choices, went without, and earned my Masters Degree with zero debt, and now I need to give tax money to help those who made their own choice to go in debt?NOPE! Bye Felicia!

They don’t deserve relief. What’s to stop this year’s class from running up the same debt?

What about the people who paid their’s back? Did these people not make a choice by incurring that debt? Do we as a society need to pay for that?

Absolutely NOT

get the migrants to pay for it

The question that the US faces is simple: more guns or more butter ?

I will sue for mine retroactively

It sounds so...humane. Me paying for other people’s mistakes. Nice try though.

...but it's not quite as soft as Charmin.

The dems are not logical. It does not solve the problem of student debt. It's not fair to people who paid it off or will later go to college. If you agree to the terms then it's on you. Like what doofus gets a car and then is like I have to pay you back?

She speaks with forked tongue

Bernie's plan would erase debt to all.

That’s a lie. Those numbers don’t jive.

PLEASE, LORD, LET THIS HAPPEN!! 🙏

because she said something like all people are sexually fluid.. which indicates no boundaries... i have some concerns about bringing her more power. it is a red flag.

can the US afford thatto cover student debt she is looking for immediate popularity.. everybody will want this regularly and it is not feasible.. tuition costs can be greatly reduced every year for all institutions.. brain storm ways.reduce all tuition by 20 percent.

More wealth distribution. No thanks.

Vote for me and I’ll make your kids pay off your debt!

Who knew Elizabeth Warren was so rich? That’s so generous of her! 🙄

This would save my life! I've been paying on my student loans for over 11 years $27,000 + and still haven't touched the principal amount. It's a constant struggle trying to keep up with the payments.

Here's an idea, if you can't afford to go to college and are to dumb to get a scholarship, go to a trade school.

This is BS. Decreasing revenue by a trillion. Cause a huge debt to an already soaring deficit minimal impact. I used a pell Grant & loans. Paid them off & felt proud. College is a choice not a right. How you navigate that choice matters. This emotional ignorance is making US soft

Taxpayers pick up this tab in more ways than one. 98% of student loans over $1.4 trillion is owned by our government. Another financial crisis looming like 2008-housing. Why should anyone pay for anything anymore? Gov owned bulk of mortgages that created & burst housing bubble

- US gov has a huge budget deficit and debt. This will make it worse. - Give scholarships to excellent students who deserve them. - For those who are not good enough to deserve a scholarship, give loans, but it’s their responsibility to pay it, not other people’s responsibility.

There is plenty of time to learn responsibility. ewarren will give you $50k as long as you vote for her. Free money. No strings attached, act quick and you may get free food, phones, cars, free clothes, etc... she has an awesome money dance and it makes $$$ appear.

Dumbass'es. Yeah cancel student debt & blow the US Debt way past $22T. Which will require massive tax increases for ALL! It's a massive transfer payment, financed by national debt. WAKEUP NOFREELUNCH ewarren is NO 'Robin Hood'. She's a fake Pocohantus pandering to Students!!!

My question is, if you instantly forgive 50k for 45 million Americans, that’s a total of 2.25 trillion dollars. How will that affect the economy?

What about all the people who paid back their student loans, partially or completely, many thru personal sacrifice? Or those that worked & scrimped & saved to pay for college? Do they get reimbursed?

Promises that you won't and cannot keep. Stop lying. Snow flakes are confused enough.

If it sounds too good to be true, you should question it.

Holy heck I think I better start going to college

It doesn't cancel anything, just transfers the debt to those who didn't take out the loans.

So now you tell me i coulda went to college.

Idiotic woman trying to buy votes with your money. No one forced these people to make bad decisions. They are not victims. Like many others, I could only afford local and state schools while working P/T. Then I paid off my more modest loans.

Not good enough.

Will her bill be copied? Some people in the current government have proposed the same bill as her?

PattyArquette Then the same percentage of credit card debt should be forgiven for those without college loans

And $50K off your mortgage if you already paid your student loans.

What are the unintended consequences of doing this? Or Bernie’s plan?

I'm just going to try to tell this to you all gently: If you have a debt forgiven, it must be counted as income on that year's taxes. That means that you will owe taxes on an extra $50,000

This actually makes a lot more sense than Bern's pie-in-the-sky plan, so Repubs are going to the 'But no one helped ME' route, because they got no argument. Or as I call it, the 'I'm a piece of shit' argument.

Loan taken, loan to be paid back. Review loans made and lower the payments. Problems arises to sickness and unemployment, discuss with creditors, and allowances should be made. The entire process of student loans, need to be revisited.

I did not know a president has this power. I thought it was the congress.

Even if she doesn’t get the nomination they should make her secretary of education! Immediate impact in the first 100 days! Student loan debt relief would ease the burden on 80% of the country! Imagine a level playing field and people can actually enjoy life without stressing!!

And rack up massive taxes for all the honest, hard working Americans out there. fuckherplan

😆what happened to loan forgiveness

No thanks!

Here's a thought.....I just got slapped with a tax bill because a credit card bill was written off, so that made that part of my AGI. That would be funny as hell to see $50k get added to their AGI and have to pay $15k in taxes for their 'free' loan 😆

michaeleaves How much is that?

No!

Got 2 kids hitting college in 3 & 7 years from now. Can you save me a placeholder ewarren ? ridiculous

How about they reform the whole loan process in schools?

It's farmers loan in India. Finally USA is learning from India and other third world countries. Not the best thing one can learn.

That’s awesome how about u pay what u borrow. U gonna cover my car loan ? What planet are u from ?

So a household that makes 90 thousand with one kid gets relief while a household with 4 kids that makes 150 gets none? Makes sense

And for all the nay sayers.....who's taxpayer dollars are paying for the presidents golf outings? Feel any smarter for downplaying students who tried to do good but the economy gave them a shit job and they are still trying to pay the bills? Shame on you

Do people, through their own hard work and cutting back to pay off their own student loans, have to participate in this sham? Oh yeah, do the Bernie approach and market this crap as “free” and that should generate millennial votes. I paid mine off, you pay yours off! Got it!?

So Congress sucks at controlling their spending, and now suck even worse at getting people to pay them back. Essentially flushing $2 trillion + interest of our money

Ridiculous. Dont take out loans. Santa Warren has NO proposals that would ever pass Congress. How about every citizen gets $1 million?

God this should have been done about 20 years back......my original loan was 25,000 and I still owe 45,000....and now went from salary from what I went to school for to an hourly job....I'll be paying this off until I die

How about adding prerequisite consulting for new applicants

Student loans to idiots who take classes they will NEVER make a living off of. It is only INDOCTRINATION to turn into a brainwashed Communist or Socialist

It needs to happen.

You know what she is winning me over day by day.. climate change and students loan..my 2 priorities ewarren

So working class that didn’t go to college is viewed as a piece of trash to warren.

That's 2 Trillion Dollars?

Not with MY tax dollars she won’t!

Why would Americans elect a president whose coming with solutions when having a president whose racist is more important to them. Where would America be without racism my goodness they live for it.

I'm $180,000 in debt and making income based repayments of $188 a month. Subtract $50,000 from $180,000 and I'm not feeling any relief. I'm sorry. I don't regret my schooling and I understand what loans mean. Those are just the numbers.

Cancel? Forgive? WTF? I love the new way of saying taxpayer funded!

And by 'forgive' you mean tack onto the taxpayer burden of future generations? Nah.

Pocahontas will never be president

I’d be happy if they just converted all existing loans and future loans to a 1% interest for all

Right now the people who went to college and got a degree are paying their own student loans. She wants to make other people pay for student loans that aren’t theirs. At a moment in which the US government has a huge budget deficit and huge debt.

What about middle class families who make about $140,000 a year with three kids in college. We don’t deserve help? Everybody wants to help “under $100,000” but nobody cares about middle class families.

I want to buy a new gulf jet. Will my loan be forgiven. I really need it but have no money I will vote for you if you get me that plane.

🤔🤔🤔🤔

A step in the right direction in the present economy

Since it’s MY tax money she’s spending, I want 100% reparations of my student loans, which I paid of entirely by myself.

Buying votes only one problem !!!

Sure do the same with everyone’s mortgages and all debt for everyone everywhere. Crash the banking system and our economy! She’s an absolute ignoramus, trying to buy votes with your money. Zero credibility here, can’t even tell the truth about her own heritage.

More free stuff from democrats in order to buy votes. 🙄 Democrats have lost the policy debate so all they can do is try to buy votes. Keep it up and you’ll drive registered independent voters like me to vote Trump and Republicans to victory in 2020! WalkAway

When do I get my refund?

she is a strong LGBT2 advocate... and that is where your money will be going if she gets voted into more power.

I'm for forgiveness

The Corp media's warren has a plan propaganda.

She is the one

How about you pay your bills and we'll pay ours.

The U S can’t pay its own debt

Law is discrimination-civil rights violations against segments of Americans some who work while going to college, so their college takes longer, bc they pay for college rather than get loans! If loan limits weren’t so high, school tuition wouldn’t raise to get loans at max amt.

So Warren will pay $50,000 per vote? And use other peoples money (taxpayers). Have to give her credit for buying votes and not costing her a dime.

Nope. And I'm a Dem. Tired of all this free this, free that. Let them contribute community service for debt forgiveness

Student debt becomes an emergency when there is high unemployment, currently that is not be case. This is an extremely expensive venture and this legislation would be as difficult to pass as Medicare for all. So which one is her priority?

Great, what’s it cost?

And 4 years later we’d be in debt again.

Unless you fix the outrageously high fees... this would only be a temporary solution....

And boost the fucking economy because I could afford a house then

Why?

Buying votes with public money? That's lame. If all these charitable liberals want to pay off student debt, why don't they start charity.

It may be a good idea to encourage students to shun pursuing worthless liberal arts degrees where they learn to hate America and all it stands for and leaves them only qualified to stack shelves at Walmart or Wholefoods. Defund colleges that violate the first amendment!

Kids move out of this Country, because tuition is so dumb expensive. Come on people.... I haven't student loan debt I can't even pay.

How is that fair to the men and women who serve in the Armed Forces to earn their education benefits? Either help with lower interest rates or give people the opportunity to work it off doing public service or serving in military.

Fd up if after being out of college for 15 years I wouldn’t get relief simply because my salary. What about all those years I didn’t make over 100K. These student loan forgiveness plans are simply pandering to low income voters not fair forgiveness. Paid off loans shld get $ too.

So many flaws. How do we know if they're not going to take advantage of the system? Risks?

state enterprises..or strategic branches like GM..-so it can get influx of young specialists and workforce at lower cost..when you give benefit for nothing you build complacency-which kills working spirit-sure road to ruin..

BS - If they made a commitment to pay their student loans then they should pay them. Maybe 'forgive' the interest, but they should pay their debt.

So the household earning $99K would be scot free and the household earning 101K would be out $50K. Makes no sense, Liz.

So it’s a benefit to be single and unmarried?

Warren thinks Americans who worked, saved and paid their way through school are just suckers who wasted their money, because those who used federal loan money to pay for school wont have to pay it back. Suckers

and here it is again.. why do you keep tweeting this article? Aren't there 200 other candidates purposing things?

Hey, I'll take it.But also the predatory nature of these loans need to be addressed.State run places need to be more education focused.They shouldnt feel the need to compete against private schools for prospects over fickle amenities.Grade kids need real world financial education

What about the people who were responsible and didn’t take out student loans because they couldn’t afford them? Can we get 50k debt written off elsewhere?

Seems dumb....not many college kids will make $100,000 first year out.

I feel like a chump for using retirement savings to fund my kids’ university education.

To pay for Warren’s plans and Bernie’s dreams, we’d need a 75% cross the board tax rate on every Americans’ income. . BernieSanders SenSanders ewarren SenWarren . StopTrump NeverBernie

Yeah, nah. We’re good.

So Warren thinks Americans who worked, saved and paid their way through school are just suckers who wasted their money, because the others who got federal loan money to pay for school wont have to pay it back. Wouldn't Warren scream if GM asked not to repay its federal loans?

My issue is this: what about the people who take out overages against their loans...the overages shouldn’t be paid, whether it’s $20 or $2000. It’s like credit card debt or anything else in that regard.

Deprogram..😐

Sounds like it came from the mind of a child playing with a toy cash register

Is this a sick joke? Can I get $50K off my mortgage

Already back tracking from free college for all. Just more subsidies for people who already get subsidies. Paid for by ppl who don’t qualify for what they pay for. Bet it won’t count for kids who’s parent’s make over 100k.

My mortgage identifies as student loan debt... and if you disagree you’re a bigot. 😉

MAKE THE PAYMENT OF STUDENT DEBT A DEDUCTIBLE ITEM ON FEDERAL AND STATE TAXES, BUT, THEY MUST PAY. I BLAME THE FEDS AND THE UNIVERSITIES. STUDENTS MUST FINISH THEIR EDUCATION IN 4 YEARS AND NO MORE LOANS.

Who’s going to pay for that

I'm a progressive Democrat, and this does not strike me like a great idea. You incur debt, you pay off debt. No rule changes after the game's over. Just my idea. I would be in favor of more accessible higher education: my daughter finished college here in Italy for about $2,000.

Were looking at the next UNITED STATES OF AMERICA PRESIDENT, mark my words Wednesday July 24 1:33 am ET

So does bernies but you don't talk about that...

Govt. can give tax credit for loan repayment, but loans need to be paid by borrowers, otherwise people like me who sacrificed everything to pay back education loans will have to bear the burden once again from higher taxes. There is no FREE lunch; students need to understand that

I love scrolling through all these triggered rabblers. If Trump said this, you’d cheer MAGA for weeks. You just don’t want a woman president. Admit it. 😂

This would indirectly punish people who maybe didn't take financial risks on graduate education that they thought irresponsible and maybe didn't advance for it. Though I suppose it wouldn't pay back someone making $200,000 now for their MBA or law school debt though.

42.5 million X 50,000=over 2 TRILLION dollars...who’s paying for this again?

If elected, guess she would just do it again in 2024?

danilic ScottMorrisonMP 🤯

As long as people who either didn't go to college or actually paid their debt off gets 50K as well ... who cares right. It's not her money and it's not like she's actually going to win.

And screw the people who took blue collar jobs and tried to piece together an education because we are financially responsible and didn't take fishy college loans. Fuck that

She's so screwed up she thinks she's normal..... OMG

Why not just give $50,000 to those earning less than $100,000?

The homestead exemption for students?

Sounds good. Can I get some retroactively? Say, 40 years? 🤣

Cool, 1 free year of school. Lul

Not 1/1024th? (Couldn’t help myself 😂). This would be awesome for those to affects.

The American dream about to go sour if socialism like this prospers there too!

ewarren

My dad will vote for Warren if she makes the program retroactive to reimburse him for his student loans from 25 years ago.

It's not a bad bill

So those of us who put 2 kids through college in the last 7 years and made less than $100,000 plus did so without debt are screwed! Irresponsible people that get to deep in debt get bailed out! This is bullsh*t and nothing but an attempt to buy votes!!

cancels it for them, but saddles us

Paid for by who?

So working uneducated people would be paying off their bosses debts with their taxes ........

They can pay just like I have .. well did .. 👍🏻

Why do you promote white women over the minority women running is it because you don't like minorities

False promises

FAIL. I paid back every cent. And every check hurt. This boils my blood. Hopefully this is a psychotic impulse from Fauxcahontas’ demented mind. realDonaldTrump

I had to pay my student loan, will I get it refunded?

I like Elizabeth Warren, but I think this proposal could really hurt her chances of winning the primary.

CNN just stop. Who is paying for this? Get some real news

IOW: Non college educated must pay for the college educated... Statistically this is the poor bailing out the rich

Can I get my loan payments refunded, or will I not be awarded for taking out a reasonable amount that I could handle paying off?

Who the F would feel 'immediate relief' from the $640 BILLION price tag

BraveMarigold Why is it so important to leave 5% out. Just cover 100% of all student debt. Education is a public good. 🤷🏻‍♀️

I ain’t voting for her. My loans won’t be forgiven.

Student LOANS Everybody knew what it was. 'Loan' = Repay

I wouldn't benefit from this because I make over 100k but I still support it!

Love this idea and more candidates should be on board with this!

I went and got the GI Bill, and earned my own way through college. Does this mean I'll get a $50,000 check in the mail? Or are we going to start discriminating?

Well, what about families making over that that have $400,000 in student loans because there are 4 kids on college?

Free free free vote for me .. we will even throw in a toaster .. sell your soul and this will be the end of America

Typical dem trying to use our money to buy votes

not sure this isn't more than bandaid to bloodbath- even if $50K forgiven on 6-figure debt, predatory IBR repayment scheme & resulting negative amortization would drive debt back up over forgiven$ in the time it would take for grads to earn enough to pay off debt in full ewarren

I need double that for these loans😩😩😩

Oh my gosh to make $100K a year! And have student loans forgiven? I say ppl making 30K and under is a good ceiling to forgive student loans. 100K don’t think so

That's right, teach kids they're not responsible for their debts.

ewarren while removing debt for those making $100k is good .. but those making more and worked their way through school should get relief as well, perhaps at least lower interest. Someone making $95k gets full relief, but someone making $105k with the same debt nothing?

And where does this money come from? Why are you rewarding the inability to pay a debt? This doesn’t teach responsibility it teaches that you get off the hook if your not smart with how you invest your money

So go ahead and get a gender studies degree. You'll get shit salary, but that means taxpayers will pay for your student loan.

This is ridiculous - It helps now, but the behavior of building student debt stays. Find a way to make college sustainably affordable if you want to make a true difference. This generation is all about participation trophies, college should be paid for by those that attended

Meanwhile the minimum wage hasn’t changed in decades, but my property taxes is up every year! Yep! Living the American dream! More like a nightmare.

Actually it just shifts the debt to other people, many not born yet.

$2.2B, let’s do it!

I want $50,000 in non student debt forgiven ...it should be granted to every American

Sounding good, but how will you get this approved through the house and senate. Saying it is good, but getting through 3 stages. House, Senate, and WH.

Wait... so because I had a plan out of college means screw me, right?

What about those who were responsible and paid there own way?

The exception to the rule is if the loan is from a fake university. In that you should be able to file for legal action in criminal and civil court. Ex.: Trump University!

Theres debt everywhere in each household, credit, health, social security I bet, disability, education, financial, mortgage, et Al, things gonna burst again, unless things change quick, already starting now, ewarren

MORE TAXES; MORE HANDOUTS/WELFARE; MEDICARE FOR ILLEGALS; OPEN BORDERS; ILLEGALS FIRST OVER AMERICANS? no ty, dems wannabes. we want more jobs, prosperity not handouts/welfare, less taxes, less govt. we the ppl reject ur sure recipe for disaster.

Hope ,that includes Puerto Rico!

Forgive in a cornfield somewhere? Ok.

Thanks 🙏 that’s great

cnn is run by bisexual zionists

Whoever promises to bring back 8 tracks has my vote!

The amount of times I've seen this article from CNN on my timeline would constitute it as an advertisement.

Why not all student debt?

Not even close to what BernieSanders wants to do.

Go girl!

America will never be a socialist country!! 🇺🇸

GET A JOB OR MOVE TO VENEZUELA 🇻🇪

She's good

So how about the college students of the past that busted their asses to pay off their loans? Make college cheaper, but don't forgive the debt. It's unfair to everyone that paid their debts. KDKA SenWarren StudentDebtCrisis StudentDebt

She introduced a bill that will never pass lol

What about people who worked to actually pay their loans

So the same folks that think we should depend on the federal government for everything have no problem advocating for the fact that the federal government made a mistake when they gave terrible loans to people?

This would stimulate the economy, bigly since poor people SPEND their money on goods and services, rather than squirreling it away in tax havens. So why would Trumpers be against it? They have as much to benefit as anyone. And they liked the $1T tax giveaway for the rich.

Since we are 20 Trillion in debt, everyone’s kids, grand kids and great grand kids can pay for it. This is a great idea.

No. The bill would get millions of Americans to pay for the individuals who took the loan and wish not to pay it back. You can't forgive a loan unless you're the one who lend the money in the first place.

But... but.... what if those middle class adults spend their money in the community they live in on rent, food, utilities, entertainment or eduction? What will that do to the economy? I mean.... ..... the poor banks... the offshore investments.... don't you care about them?!

Why them? Why are you not going after the colleges and universities that bilked these students into garbage degrees? Why should other Americans pay for other American's bills when they have a COLLEGE EDUCATION?

There is so much abuse of student loans. As a tax payer I refuse to pay for cars, rims, handbags and other non school related purchases bought with student loan $$

As long as $'s are being handed out....I have a couple of girls who will be going to college in a few years. Do we get the $100k now or do we need to wait for them to enroll? Just want to be sure we follow the 'new rules.'

Ridiculous. Just pay up and learn the harsh lesson that you failed to pencil out your financial standing and you failed to read the student loan contract. I've no remorse or pity on these people.

Wrong

Damn or maybe you should think about getting that much debt before you get a humanities degree or a degree with no return on investment? Just a thought.

Nope. If I could do it and send my son to college by budgeting then so can they. If not send them to the military.

Sure.... and when you wake up you will be little beaver....

They are all so desperate to beat T that they’ll promise anything.

Believe in your dreams.😂😂😂😂😂😂😂

Mine have been paid off for years. Will I get a refund?!! Didn’t think so. This is pandering plain and simple.

Don't like it at all, they knew the costs when applying for school and lot of them could've gone to a JC then transfer..I have credit card debt and If I pay it off it will make my job a lot easier...Sorry it will never fly...kidkohls72

That will teach them responsibility. Now it will become much easier for government to take over more and more of thei lives.

If SenWarren does this, I'll call her my Daddy..

Fine by me.

On my working back

Student debt is a choice. The National Guard (NJ for ex) pays 100% tuition for in state schools most sates are similar. Too much then there's 3+1 programs where you can get a bachelors degree for less than 30k cheaper than a new car.

I want my free💰$50,000💰 in cash, small bills please. I pay taxes, I’m an American citizen, I deserve my piece of the pie too! They get, we all get ewarren !

BuyingVotes

where she getting that money from tho?

They should cancel all outstanding SLD.

Paid for by responsible Americans who either paid their way, or made the decision to skip college to begin their career.

Hard pass, comrade.

I hope she’s paying

Plan. More free stuff.

Free Stuff!!!~~ The Liberal Mantra!

This is pure, grade A bullshit!!! I only have $1500.00 left to pay on my student loan that ive been paying now for 15 years What the actual f**k

Why can’t people read? Her stand is NOT to have the taxpayer financially fund this AND there is a college cost reform that goes with it. 🙄

Funny how people are opposed to this but people supported a candidate who gave big tax break to the wealthiest individuals. The poorest people need the $$$ not the greedy millionaires and corporations.

$2 Trillion! Great idea!

cancel? so do the colleges give it back? or do the taxpayers get caught holding the bag

So I shouldn’t have saved for my daughters education huh? Could have gone on some nice vacations instead.

Those that have already paid theirs get screwed. This is a very bad precedent to set.

MAKE IT HAPPEN!!!!! STUDENTS AND PAST STUDENTS DESERVE TO BE DEBT FREE.

It would be better to give an option to folks with student loans to get them forgiven if they work either as a teacher or a first responder.

Took me 15 years, 3 jobs. Refund please

I do not believe in forgiveness... I think it should be reduced for fairness

In other words, I need to quit my JOB, go on welfare, and my loans will be paid off

'Relief', 'cancelation'. This is the type of words that statists and socialists use to bamboozle you. What the bill actually proposes is to transfer billions, maybe trillions of dollars of debt from people who mostly vote Democrat (broke college graduates) onto other people.

I’m just going to buy everybody’s votes by giving them money in the form of forgiving their student debt. If you want my vote woman you can pay off my house 🏡

THAT ediot hit MY NEW TRUCK WHEN AT STOP SIGN UNDERPASS

More than willing to pay off the debt I took on, the problem is as follows: After 15 years of making payments I have more than paid off my original loan amount yet the amount I currently owe is more than the original amount of the loan.

What about those who actually pay off the loan without waiting for the government

Who is going to pay the professors? I want reimbursed for my tuition and my three children's tuition which I paid!!! I would have more money for retirement!!!

Make Everything Free Again!!

So will I get the $ I paid back? This is bullshit I don’t.

Where is all that $$$$$ coming from? Just say No to socialism!!! Trump2020 MAGA TreasonousCNN

Or the gov't could take away tax-exempt status from universities that charge tuition above a reasonable threshold. Finding ways to make college more affordable is a far better practice than forgiving debt, which only puts burden on working Americans.

Are there going to be reimbursements for those of us who worked long hours, ate cheap food we cooked at home, drove beater cars, bought clothing from thrift stores, and went without pay TV services in order to pay our student loans off on our own? Or is this just for deadbeats?

Don’t forget to refund the paid tuition, those who worked hard and saved money by sacrificing vocation and entertainment and even food. They deserve better.

This is a bad idea.

She needs to put down the glass pipe. The mental impact is showing. 😱

Others *

Her mouth keeps writing checks, her ass can’t cash....

Especially for educators and other who serve their communities.

Buying votes

Elizabeth Warren is so smart! Maybe in her second term she can forgive mortgage and credit card debt!

Somebody will pay

gross

Where is all this money coming from?

For all the people that do not like this idea just tell your government that you want to pay off your student loan dept yourself they will gladly let you. Don’t block people that need this relief you guys are just thinking out of your ass

This would be a beautiful thing. We can pass it in 2021 when she is in the WH and the Dems have the House and Senate

Paying off current student loan debt does not make it affordable for future students. The cost of college is out of control.

Not being saddled with that debt would allow people to spend their money on consumer goods, improving our economy.

When has any of the Dem candidates tried to cancel student loan debt? Have any of them proposed this in the past and it was shut down? This would have to go through congress anyways so why haven't they tried this already? It's just more vote buying with wooden nickels.

Can she help w/ my mortgage too?

Buying votes with empty promises.

GREAT! All those $50,000 loans, which were provided with the understanding that particular money was to be Used for something IS NOT IMPORTANT. WHO CARES if the $ promised by 45 million Americans doesn't get to where it was destined. SO WHAT?! THOSE SUCKERS are Flat Out-of-Luck!

Could she tell us what exactly she was going to make people responsible for?

Welcome to america- the poorest nation on earth.

Nope 👎🏻

What if I already paid my debt do I get my money back?

The root of evil are three: 1. Arrogance 2. Envy 3. Greed

Wonder if I will get a $50,000 check as I paid mine off while I made under 100k

How about getting my car loan cancelled for me?

How are you going to pay for it? This a debt increasing plan

Her generosity spending other people’s money has no bounds.

ewarren SenWarren One a liar will always be a liar.

there needs to be widespread reform around student debt - college is expensive becasue of easy access to student loans - it's a well crafted cycle of easy money and high cost that manipulates the market to enrich schools and banks - the system needs fixin... before my kids go!

Boring 🙄💤 Forgive all debt for mortgage & credit cards for all adults Yes!! Any money 💰borrowed as an adult should be forgiven!! Forgive my mortgage! How about 👍 Me Too!!

Not good enough. If you work and live in America, Education should be free for all

And what happens to those people that paid loans(+interest)back over many, many, many, years? Do we get a refund for being responsible? Or does this only help those that didn’t read the terms of their loan? This is a joke.

ewarren

Once again a feel good Bill without a chance of getting voted through the senate.

Partisan Pandering!

Fo, I paid for 3 kids to go to college loan free on a RN salary. One more semester for kid 3. Cancelling student debt is absurd. This is a state issue. They should have partial forgiveness if a student works for 5 years in their state regardless of income.

And still no conversations on why the cost of college educations has been twice the rate of inflation for decades. Writing blank checks to higher ed programs is a huge part of the problem and this will only feed the fire.

So it’s a good time to get my degree in liberal arts or gender studies and have nowhere to work because those aren’t real things and I’m too stupid to figure out what a trade school is, but it’s cool cuz tax payers who did will cover it? Sweet.

There's just no incentive to better yourself. You still get to pay for a program, but you dont get to 100% benefit from the program because of a combined yearly salary cap. Just another hit job to the Middle-class.

What about mortgage debt, credit card debt and auto loan debt? or other major forms of consumer debt in the U.S. Americans owe more than $1 trillion in each of these. Why reconcile the debts of student loans and not the rest? Where does this lead?

NO!

I know someone who could use this. It sounds really nice. I'm just about done paying mine, so I don't think I need it as badly.

We need a reform to student loan program but one shoe does not fit us all. $173,000 in Los Angeles is $100,00 in Orlando. California families know 100,001 does not go far here . So California loaners don’t matter to Elizabeth Warren or New York. That’s why I’m with Yang2020

Student debt is a personal problem, but if think this is a good idea, I could rush out and get a new car loan I can't afford and sue you for not including my debt forgiveness in your bill.

Who the hell do you think is going to have to pay for it

Rosie So does this mean I can go to college now? I couldn’t afford to go before.....

Sorry, she’s desperate and student debt forgiveness is an untenable idea.

That would be nice SenWarren ... except that all of us would have to pay higher taxes long-term, essentially defeating the object and taking more money out of freemarkets .

Can someone crunch the numbers and figure out how much tax money this would be please?

Soon car loans will be forgiven for people that cannot afford a top of the line model but bought it anyway 🙄

What about people like me that worked their asses off to pay off their loans like a responsible adult?

And then you middle American will not only be paying for this but for the illegal's coming in and using up our social services...tie that in and you have no Country.

And the families that saved for 15years so their kids can go to college? How do you repay them?

literally the rich people don’t pay taxes and corporations get large tax breaks or didn’t pay any taxes. The middle class can get something for once. We are paying for all the public works they’re benefiting from and you’re all okay with that

Socialist 101

But banks still get paid, right? So it’s just the gov subsidizing banks again?... or am I misunderstanding the situation?

Nothing of that sort is gonna happen. It is a cynical game played by Democrats and Republicans to divert mass anger of students. Students will vote, she will lose. But the capitalist system remains intact. Very diabolical.

It's a better plan than trickle down economics. I bet the small amount these people would save would go back to the economy. It's funny how lifting people up who need it the most reduces the deficit and the need for government programs. Most people dont want to be on food stamps

If you can beat em, Offer free stuff!

SenWarren Not a totally thought out plan - as this is NOT fair to the thousands & thousands of students who actively worked to pay off loans knowing they are the ones who incurred this debt Perhaps you should rethink the idea a little ore

You can’t “forgive” student loan debt. It has to be paid off. If not by the people who knowingly borrowed the funds and received an education in return, then who? Me? I paid back my student loans (almost). People who didn’t go to college? Do they have to pay for those that did?

Elizabeth Warren is cancelled.

Stupid woman. Americans would have to pick up the tab.

The only people that will complain about student loans relief are just plain uneducated. Learn something more than Faux News talking points. 100 of thousands people here on H1B visa getting jobs Americans should get but don’t have degrees.

I.imagine the wealthy who are going to be fighting this with everything they made withing the last two days because those poor private business 0wners, whose entire business model is built off keeping young people in debt, stand to lose a new yatch

Typical socialist garbage. Redistribution of wealth for clowns with PHD’s in gender studies that are literally unemployable.

This would be awesome! 👍🏾👏🏾💃🏾

Bullshit! My taxes are not going to pay off what kids owe after I’ve already helped pay college bills for my kids who also worked during college! They wanted to graduate debt-free and they did.

Mitch McConnell will not allow a vote on it. How many bill's have been denied a vote?

Who’s paying for this? Everyone who grinded, saved,scrounged and paid their own way. Just another freakin handout by the Left. If this passes to hell with Congress

I can’t wait to pay for broke baristas with 100k in debt with a PHD in gender studies lol hahahahaha

And this is why Warren lost my vote. I don’t agree with this on any level. I paid back my student loans, my step daughter, a pharmacist, is paying off her student loans. It’s called being a responsible, accountable adult.

😂😂😂😂 Well good thing she will never be president of anything!! Hahahahaha

How many recent graduates are earning above 100k out of school Perhaps 5 years post-graduation makes more sense for this stupid plan.

Then colleges would just keep raising their tuition

What about the parents burdened by the federal student loan scam!!

Rosie Why is college unaffordable and what can we do about that?

What about the people that already paid off there loans like there supposed to do

Amazing how far technology has come to let us just make debt disappear like that.

Omg! Yes! So need this!

PeteButtigieg Chas10Buttigieg thoughts?

Money just gets eliminated out of nothing? What about our credit scores?

SenWarren is the polar opposite of America's current government.

Will this cover those who have fully paid their student loans or just those with outstanding student loans? The law should be clear on the distinctions and qualifications or it can be challenged as violating equal protection.

So people who didn’t go to college will have to pay for people who did go to college and now don’t want to pay it back? Got it.

BS. You should be doing a story on Union members who get FREE education for their families NOW! Do people even KNOW that's a perk

Please make this happen

All student debt should be canceled

What about relief of those who actually paid back their agreed upon loans....you know those who understood it was a choice.

I couldn’t afford college why should I have to pay for someone else teachers should not have to pay stop giving my money away

This seems remarkably unfair to those that made huge sacrifices to pay their loans. Parents that mortgaged their homes or raided their 401Ks.

Ask SenWarren BernieSanders if “Medicare for All” applies to Congressional Swamp? Whose scholarship Warren take & increase student debt by faking her identity? Eliminate Congress insurance perks & retirement. Let them live on SS ,Medicare & pay out of pocket FoxNews POTUS

Rosie And this is how trump will win a second term. Why not allow the private loans to be converted to federal and then cut interest rate to fed rate and extend terms. Total forgiveness? No. Anywome else notice the deficit? Did warren just say the economy is about to collapse?

As a tax paying American citizen - my tax’s better not go to this program!!!!!

You mean we, the taxpayers, would be paying for these fiscally irresponsible college graduates? PAY YOUR OWN DEBTS!

So another bailout paid for with tax dollars.

Theft plain and simple. No one was forced to take out these loans, they alone are responsible to pay them back. The left wants to outlaw personal responsibility. Irresponsible behavior begets irresponsible people. Pay your fair share. TheDemocrats

Relief = someone else picks up the bill.

If they don’t pay their debt, who pays it for them? It’s important to clarify who will be paying that debt.

BobAaronWCHS its almost like going to college wasn't worth it huh? TradeSchools should be free

Where is the money coming from to pay off all that debt ,what should be done is to reduce the interest rates,then the debt would be more manageable for students

Rosie Fact-Check-Analysis: Aren't those Americans with student debt issues overwhelmingly WHITE? Why are you asking middle-income Black Folks to pay the bill for privileged white people?

We are told we need a college degree. Then once we get said degree, the jobs are either one not available due to baby boomers not retiring due to cost of living, or two the jobs that we went to school for don’t pay well.

There are two kinds of people: Those who think, “I don’t want anyone to suffer like I did.” And those who think, “I suffered, so why shouldn’t they?” If you're against student loan forgiveness and want a 'refund' for what you've already paid, you belong with the second group.

Rosie Democrats should keep a tag of the SenWarren's bills and simply implement them, no matter which democratic administration.

And what if someone has more than 50k in student loans. Would it automatically enroll them into a program to pay the rest? What if that person didn’t have the financial means to pay the rest. Now you have that individual locked into a program? It’s faulted. cancelstudentdebt

I want reparations!

Why can't people just be happy if others get their loans forgiven? This would be a a huge boost for the economy. I spent ten years paying my student loans back, I would be ecstatic for all the kids just starting out who didn't have the burden I did.

Can I get a check for not taking out a loan and working through college? Thanks

ewarren can you win please?

More taxes, what a novel idea.

The responsible made to pay for the irresponsibility of the irresponsible

FORGIVE $50K? Why shouldn't hard working Americans who sacrificed to pay for their kids to go to college also get your FREE $50K? ridiculous

BULLSHIT PAY YOUR BILLS.

And there will be fairy dust for all and unicorns will roam our yards and there will be no jobs report because you don’t need to work. Waiting

This is IF she can PASS it! A Republican congress will never support this.

She’s going nowhere

You take a student loan, you bear the consequences. It’s called teaching adulthood and responsibility. What’s next? Mortgage buyouts? This is simply a vote-buy under extreme desperation.

So this allows those who take lesbian dance theory to have their debts removed and doctors not. Check. This is encouraging crap education.

I got close to a full ride and maintained it by getting good grades. According to the comments here, I should be mad about this. How about just being happy that other people my age don't have to put off buying a house or having kids because of student loans from bloated tuition?

Damn, this is awesome. WarrenHasAPlan

Reading the comments I’m reminded how many selfish people there are in the world.

It’s needed!!!

These bills are used to buy votes with taxpayer money. They do nothing to fix the problem which is the cost of college tuition along with the expense of the college party life, combined with degrees that don’t give students skills that employers need.

the loan debt have to paid,the rich gay or all American ?the debt do not disappeared

Cant it only be for the students with degrees in STEM studies? Should we be relieving debt for someone who took bullshit courses like underwater basket weaving?

It's so hard to manage my own money, it's so easy to manage others money (taxpayers) money!

Pandering to the millennials... What are you going to do for the avg Amrican that goes to work? Besides taxing them massively to pay for those tuitions...

I support ewarren's student debt relief ideas, and I wouldn't object to my own personal student loan debt relief in exchange for 5 years of service in a low-performing school. That'd be a win-win incentive.

I like the one Bernie came up with long before warren.

Warren Democratic Socialist promises promises. Who will pay?Middle class taxes will triple. If it sounds to good. It is B.S. The Socialist are playing right into Trump and Republicans Hands.

My problem with this is that no one forced people to take out student loans and they got the education those loans paid for. I worked my ass off to get through school. No one paid my bills. choices

So if you choose a ridiculous college major like racial and gender studies and somehow after college you can’t get a good paying job THEN the taxpayers pay all your debt.

Nope im not paying for fimb kids who take out loans they cant pay for degrees in stupid crap

That’s 2,250,000,000,000 for student loan, 33,000,000,000,000 for Medicare for all, 93,000,000,000,000 for green new deal. The sum total is she’s nuts and anyone who believes her is delusional

It can come out of her millions not my low income.

Elizabeth 2020

So taking a paycut could score you big..

We already have free schooling, it’s called public high schools. Kids don’t want college.

95 percent of people with school loans make less than 100k a year? Why do ppl rack up this amt of debt for such a small payoff?

This would be AMAZING for our economy. So many people cant get houses, cars, etc. due to student loan debt.

When the Radical Leftist Fake News Media says “cancel student loan debt”, read “TAXPAYER FUNDED FREELOADING BY VOTE BUYING DEMOCRATS”.

This is a horrible idea and will NEVER happen!

More freebies for votes. This pandering is pathetic. Fraud!

So those who live in the high cost parts of America don’t get any relief even though 100k in NYC isn’t the same as 100k in Austin. Make sense of that for me

I think those of us who worked and paid back our own loans should sue for reparations.

Hey! I'm all for this!!!

So long as its not racial devided who gets it

Is there a better definition of 'buying votes with other people's money'?

Ahem...... if 95% of graduates are in households with less than 100k total income then maybe we should outlaw college and it’s worthless education and throw all the “ professors out !

I'm down

Time to take out a student loan.

What So if your family makes $105,000 you will have to PAY EVERY PENNY while the family next door pays NOTHING. Democrats are so stupid it’s painful to watch. They make winners and losers out of neighbors

JDHernandez01

What about the money my kid already paid back will she be getting a check? ewarren

It took me 25 years to pay my student loan. I signed the papers and was responsible. What are we teaching the youth? This seems really irresponsible!

This 'tax' she proposes is nothing more than socialist theft.

So do I get a check for 50k since I made responsible decisions?

Why should the government forgive loans? Instead of 4yrs take 7yrs and pay for it yourself. No such thing as free. Young people want it now. What there parents took years to get the young want it now.

Is she talking about her people or everyone?

So 95% of college students make less than $100k a year. What's the purpose of going again?

Pandering!! Writing checks she cant cash!

You're not addressing the causes... 1. The egregious tuitions charged by public universities who already receive state & federal funding. 2. The fact that students/families willingly take on this debt. 3. Fixes to the lending practices. But your solution is to give money away?

I sacrificed, lived at home, worked full time. and took out minimal student loans. I’ve since paid them off. I do however have a mortgage that I’d like some assistance with. Or do I miss out on that bc I made financially responsible decisions ?

And it wouldn’t be taxed as income?!? That’s better than what they did to anyone discharged on a disability. They then counted it as income and we got an enormous tax bill we were not expecting,&we are in that under bracket. It really has hurt us. I hope this passes for others.

Not quite the number I was looking for, doesn’t account for people with masters/law degrees/etc., their debt is closer to $250k

She's taking money from the casinos on her reservations to pay.... 🤡

Pathetic

This person does not act in my best interests. She will not get my vote.

Why should I have to help people who over extend themselves on school loans? My cousins daughter worked the whole time she went to Duquesne University Pharmacy school. Finished top in her class and had no loan debt when she finished.

Nice for all us chumps struggling to get by the last ten years....too little, too late

One time debt relief so this is a bribe to vote for her

It's all Free!!!

Only little cnn, Here's another democrap winner proclaiming glory to all! Who else has brilliant ideas to get elected? Harris 32 trillion wonder, spartacus, slavery restorations, bernie, everything on planet free, Buttjudge, & kennedy fake feeling guilty their white privileged!

How can you not win by keep throwing money at people....shocking that you're still not liked.

Come on with that bill!!! Do you know how much of that could actually help people who live paycheck to paycheck because of the student loans!!

Good luck with that Warren

And Democrats in Congress promise to pay this out of their own pockets!

Might have to ask my boss for a pay cut.

Good luck with that.

coop_024

No Pocahontas. I’m not paying for some idiot who oiled up debt and got a degree in social sciences or gender studies. You take out a loan, you pay it back. Just like a home loan. NO FORGIVENESS. I PAID, so can they

Does that mean all the people smart enough NOT to take out student loans they couldnt pay back will get $50,000 I assume NOT.

Why stop there? Now do mortgages and car loans.

Ironic because she got a gig at a college for claiming to be a Native American

And who exactly is going to pay all that money? Just curious.

And who is paying out $50,000 per student? The American taxpayer. The student chose to go to college. They chose the college. They chose their major. Why should working Americans have to pay their bill? EndSocialism

They gonna reimburse me for everything I paid off quickly? I shoulda just let the debt fester till Warren came by!

And all while increasing your taxes for life at the same time. 😏

That's hell of a good

Do I get repaid the $50k I paid for my college loan?

For those earning more than $100,000, the bill would offer partial debt relief with the amount getting gradually smaller until it phases out. Households that make more than $250,000 are not eligible for any debt relief under the bill.

Juuuuust missed it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in EDUCATİON

Education Education Latest News, Education Education Headlines