Senator Bernie Sanders, a 2020 presidential candidate, has an ambitious plan to cancel your student loan debt
Sen. Bernie Sanders , a 2020 presidential candidate, has an ambitious plan to cancel your student loan debt.The promise of total student loan forgiveness is music to the ears of anyone with student loan debt. However, not everyone is so excited, especially federal taxpayers who are concerned they ultimately will pay the price. With this backdrop in mind, students, borrowers, taxpayers, educators, policymakers and many others are interested to understand more about your plan.cancel all $1.
If you cancel student loan debt, any borrower who has student loan debt on that day would no longer have student loan debt and get a fresh start. However, any current college student, for example, may need to borrow more student loan debt tomorrow, next semester or next year. What happens to the student loan debt of these future borrowers who also want to4. You also have proposed tuition-free public colleges and universities.
5. Your tuition-free college plan only applies to public colleges and universities. What is the potential financial impact to private colleges and universities as well as the potential economic impact to the communities in which they operate?
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