Posted on 06/15/2019 11:14:54 AM PDT by david1292
Sen. Elizabeth Warren (D-MA) and Rep. James Clyburn (D-SC) announced on Thursday that they will introduce legislation in the House and Senate that would forgive up to $50,000 of each students’ college loan debt, which would help about 42 million people, according to a press release posted on Warren’s Senate website.
“The legislation will significantly lessen the student debt crisis and help tackle the racial wealth gap,” the headline of the press release announcing the bills said.
Warren, a member of the U.S. Senate Committee on Health, Education, Labor, and Pensions and Clyburn, House Majority Whip, both claim that the bill, if it becomes law, will help about 95 percent of student borrowers and cancel debt entirely for some 75 percent of borrowers.
“The student debt crisis is real and it’s crushing millions of people — especially people of color,” Warren said in the announcement. “It’s time to decide: Are we going to be a country that only helps the rich and powerful get richer and more powerful, or are we going to be a country that invests in its future?”
(Excerpt) Read more at breitbart.com ...
And anyone who paid off their loans, how dumb do you feel now?
It’s called, “Forcing the tax-payers to pay off a bribe so a Dem can be elected”.
more and more desperate pandering (buying votes from the naive)
but the MOST naive (and ripped-off) will be the rest of us, if we let the D-commie=leftists get away with this immiral theft!
Kickback to SJW, Psy, Art Theory and PolSci majors who didn’t listen to their parents when they said you couldn’t find a job doing it.
Absolutely disgusting.
WHERES MINE!!!
My VA student benefits did NOT cover everything and ran out after a few years!!!
Somebody owes me big time!
Isn’t all that outstanding student loan debt tangible evidence that college educations aren’t worth their cost? The graduates don’t seem to be finding employment that pays enough to recoup the cost. What good is that?
Fine, I didn’t go to college. I want a check for 50k.
And anyone who paid off their loans, how dumb do you feel now?
—
Exactly. I paid mine off. It took 25 years, but I did it.
What happens when LIEberals are elected to public office?
They LIE TO, CHEAT AND STEAL FROM the Citizenry!
A vote for ANY LIEberal, whether it be in a local, state or federal election, is a vote against America!
America cannot survive a LIEberal victory in 2020!
We MUST vote against EVERY LIEberal in 2020!
Sickening.
Will they return the money already paid by the honest people?
This really irks me to no end. My kids worked very hard to pay off their student loans within two years upon college graduation.
The good thing was/is, they aren’t asking for handouts.
I won’t hire anyone who allowed their loan to be forgiven. It doesn’t say a lot about that person living up to their commitments.
I’m all for it!
Do those of us who paid off our kids’ education debt get reparations?
Great idea. Make all those people who couldn’t afford to college and didn’t want to get into debt pay for those who partied hearty for four years.
My first wife and I graduated with D.V.M. degrees and we paid our way through school. I worked three part time jobs going through veterinary school (they won’t let people do that today)one being in the National Guard. I never took a break and worked through the semester breaks. We had scholarships that helped but its the working that kept us out of debt. Today it isn’t uncommon to see a veterinary student with a college debt of >$300K for a job that pays starting out of $70K. It no longer makes sense for an education that doesn’t pay off economically.
They stuck that carrot out there 8 years ago and Obama did nothing.
My first wife and I graduated with D.V.M. degrees and we paid our way through school. I worked three part time jobs going through veterinary school (they won’t let people do that today)one being in the National Guard. I never took a break and worked through the semester breaks. We had scholarships that helped but its the working that kept us out of debt. Today it isn’t uncommon to see a veterinary student with a college debt of >$300K for a job that pays starting out of $70K. It no longer makes sense for an education that doesn’t pay off economically.
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