. Planning for the cost of college is taking an emotional and financial toll on families.
These four all have different visions of how to tackle the student debt crisis, as do the other Democratic candidates. Still, the candidates fall roughly into two camps. This legislation would cancel all $1.6 trillion in student debt held by 45 million people in the U.S., including debt held by parents and private debt. Borrowers wouldn’t have to pay taxes on the forgiven debt, which would normally, under the U.S. Tax Code, count as income.
In addition, Sanders wants to provide Pell Grants to low income students to cover non-tuition related school expenses, including housing, books, supplies and transportation. He would require states and tribes to cover any expenses low-income students still have after receiving free tuition and federal Pell Grants.
“If Wall Street can be bailed out for several trillion dollars, 45 million Americans can and will be bailed out of the $1.6 trillion burden of student loan debt and we can provide free college for all,” Sanders wrote on his website laying out his student loan forgiveness plan. “Some 40 countries throughout the world have imposed a similar tax, including Britain, South Korea, Hong Kong, Brazil, Germany, France, Switzerland, and China.
Here are marwilliamson education positions.
These socialist dumbfucks want every possible constituency to get free stuff, except working whites of course
ONLY if EVERY person who has EVER had a student loan is compensated for EVERY penny EVER paid towards one. Why should just these people who made poor choices get a pass?
What does 'L' stand for Alex? Loser.
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