Sen. Elizabeth Warren doubled-down on her proposal to cancel the student loan debt incurred by millions of Americans; saying her proposal would erase the financial burden for 95% of Americans who owe money for education.
“Student loan debt is crushing millions of families. That’s why I’m calling for something truly transformational: Universal free college and the cancellation of debt for more than 95% of Americans with student loan debt,” posted Warren on social media.
Student loan debt is crushing millions of families. That’s why I’m calling for something truly transformational: Universal free college and the cancellation of debt for more than 95% of Americans with student loan debt. Read all about it here: https://t.co/IG9J5CiNb7
— Elizabeth Warren (@ewarren) April 22, 2019
Warren’s proposal -along with providing tuition-free public colleges- would likely cost US taxpayers upwards of $1.25 trillion over the next decade according to leading economists.
FEINSTEIN’S NEXT FIGHT? Dianne Slams Student Loan ‘Forgiveness Program,’ Calls for Probe
Senator Dianne Feinstein escalated her all-out war with the Trump administration this week; bizarrely slamming the Student Loan Forgiveness Program and demanding new information from Secretary Betsy DeVos.
Feinstein posted a scathing letter addressed to DeVos on social media Thursday afternoon, writing “The GAO released a report showing the Department of Education has denied loan forgiveness to an alarming 99.6% of individuals who applied to the Public Service Loan Forgiveness Program. This is deeply troubling and we’re calling on Betsy DeVos to release more information.”
The GAO released a report showing the Department of Education has denied loan forgiveness to an alarming 99.6% of individuals who applied to the Public Service Loan Forgiveness Program. This is deeply troubling and we’re calling on Betsy DeVos to release more information. pic.twitter.com/baUF49WkOY
— Senator Dianne Feinstein (@SenFeinstein) October 18, 2018
The Senator’s newest demand comes just days after she led a Democrat boycott of the Judiciary Committee; walking-out as Republicans moved to confirm a series of federal judges ahead of the 2018 midterm elections.
ECONOMICS 101: Cortez Confuses Tax Cuts AGAIN, Wants to ‘Forgive’ Student Debt with Non-Existent Money
Embattled Rep. Alexandria Ocasio-Cortez doubled-down on her calls for total student loan forgiveness Wednesday evening; bizarrely suggesting tax cuts could be used to finance her massive proposal.
“Cost of the GOP Tax Scam for the rich: ~$1.8-2.3 Trillion. Cost of forgiving all student loans in America: ~$1.5 Trillion. Clearly where there’s a will, there’s a way. When people say that there isn’t ‘enough’ to do these things, what they mean is they don’t *want* to do them,” posted Cortez on social media.
Cost of the GOP Tax Scam for the rich:💰~$1.8-2.3 Trillion
Cost of forgiving all student loans in America:💰~$1.5 Trillion
Clearly where there’s a will, there’s a way.
When people say that there isn’t “enough” to do these things, what they mean is they don’t *want* to do them. https://t.co/RvcYk8kbEy
— Alexandria Ocasio-Cortez (@AOC) March 13, 2019
Cortez made similar comments weeks ago when she suggested New York could use Amazon’s proposed tax breaks to fix the region’s crumbling infrastructure and hire more teachers.