Posted on 07/23/2019 8:48:46 AM PDT by Steely Tom
Senator Elizabeth Warren (D-MA) is tripling down on student debt.
In an announcement today along with House Majority Whip James E. Clyburn (D-SC), the presidential candidate announced the “Student Loan Debt Relief Act of 2019.”
Warren first pitched a student debt plan as a presidential candidate in April, and then again as a senator in June.
Taken together, Warren’s plans attack student debt in three ways: Cancelling debt, reforming the predatory — or “lousy” — student loan system that’s in place, and making college free for all.
The duo hopes that this would “end the student debt crisis,” on top of helping “millions of struggling families obtain financial stability” and closing the “racial wealth gap.” The move comes a day after Warren published a dire warning that the economy was in danger of collapsing.
(Excerpt) Read more at finance.yahoo.com ...
You go girl!!!
Communist shrew.
She would cancel the United States if she thought it would get her elected.....oh, wait.....
I’ll bet she is willing to sacrifice some of her millions for that cause...oh wait...I’m hallucinating.
I paid mine back in the eighties. The numbers were not high, but the % of my income and inflation were much worse.
Can I get a refund on that?
And even though I did not major in accounting, I am wondering what we plan to say to the people who bought Treasury bonds to support the loans? I mean they expect a return on their investment don’t they? Isn’t this what bankrupt countries do?
If an education gives marketable skills it has value.
If not then it’s a hobby.
So if someone knowingly got in debt for their hobby, while reports of others being unable to repay their loans were already rampant, why shouldn’t their taking on that debt reflect them engaging in fraud, where they never really expected to repay in the first place?
Its all fun and games until they run out of your money...
Peanuts. What is stopping her from introducing a bill to cancel the national debt.
The solution is easy: stop offering federal student loan guarantees.
The bloated college system collapses and we get more sensible college rates.
The price of buying votes is skyrocketing!
She is a NUTJOB!!!
No more student loans. Free education paid for by the government as long as you major in finger painting.
But...the school NEEDS a $100 million dollar gym. //sarc
That day that Liz Warren yelled “Geronimo!!” and officially Jumped the Shark, economically speaking.
So the 20% privileged enough to go to college want the 80% who either didn’t go to college, or paid off their loans themselves, to pay for their college.
Got it.
I bet the house actually passes this.
So they can all run against the EEEEEVIL Republicans who killed it in the Senate.
I am with you Vermont Lt., I spent 10 years of my life paying back my student loans, I want a refund, I think 100k would do it.
Shouldn’t those of us who have already paid off our student loans get a refund before they start forgiving the debt of those who have not?
Why not cancel all mortgage debt, Lizzie? Shrew.
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