Elizabeth Warren wants to wipe away student loan debt for the vast majority of Americans who have it, and make debt-free college a reality for new students.
In a new plan detailed on Monday, Warren became the first Democrat running for president in 2020 to detail a sweeping higher education plan with the goal of alleviating Americas $1.5 trillion student debt crisis.
Warrens plan is unique in that is would assist former and future college students alike. The plan would cancel up to $50,000 in student loan debt for an estimated 42 million Americans, and invest in debt-free college for students attending two- or four-year public institutions. It also comes with a hefty price tag of $1.25 trillion over 10 years. Warren plans to pay for i…
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