The Democratic candidate had released a plan to wipe out student debt for most borrowers. Now she's saying how she would do it on her first day in office.
to do so. But her latest proposal says that she doesn’t have time to wait for Congress to act and that she will wipe out up to $50,000 in debt for anyone with a household income below $100,000, providing additional relief for households making up to $250,000. She pledged to “amend any regulations or policy positions necessary to get there.”“Along the way, I learned two key things. First, the student debt crisis is deeper than many experts thought was possible.
On the political side of things, Warren pledged to keep fighting for free public college, increase funding for historically black colleges and universities, and expand eligibility for Pell Grants, which help low-income students pay for college. Her plans would be paid for by enacting a wealth tax for households with a net worth of more than $50 million.
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