Article snippet: WASHINGTON — Days before the first Democratic presidential debates, Sen. Bernie Sanders and House progressives are unveiling legislation cancelling all student debt, going further than a signature proposal by Sen. Elizabeth Warren as the two jockey for support from the party’s liberal base. By canceling all student loans, Sanders says the proposal addresses an economic burden for 45 million Americans. The key difference is that Warren’s plan considers the income of the borrowers, canceling $50,000 in debt for those earning less than $100,000 per year and affecting an estimated 42 million people in the U.S. Questions face both candidates about how to pay for all of that plus their proposals for free tuition at public colleges and universities. But the battling ideas highlight the rivalry between senators who have made fighting economic inequality the cornerstones of their presidential campaigns. ‘‘In a generation hard hit by the Wall Street crash of 2008, it forgives all student debt and ends the absurdity of sentencing an entire generation to a lifetime of debt for the ‘crime’ of getting a college education,’’ Sanders said in remarks prepared for delivery at a news conference Monday with the proposal’s House sponsors, Reps. Ilhan Omar, D-Minnesota, and Pramila Jayapal, D-Washington. His bill and Warren’s plan — proposed in a Medium article earlier this year — are part of their broader appeal to liberal voters with a series of progressive policy ideas on issues s... Link to the full article to read more
Bernie Sanders to unveil plan to cancel all $1.6 trillion in US student loan debt - The Boston Globe
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