Elizabeth Warren Unveils<br />$640 Billion College Debt<br />Forgiveness Plan Elizabeth Warren wants to eliminate<br />college debt for 42 million Americans. Her proposal calls for the cancelation<br />of $50,000 in debt for anyone with a<br />household income under $100,000. Warren believes the burden of student<br />loans has a negative impact on the U.S. economy. Elizabeth Warren, via ‘Medium’ The cost of the debt cancelation<br />would be covered by her proposed<br />Ultra-Millionaire Tax, which calls for a 2% annual tax for<br />families with over $50 million in wealth. She also proposed her plan<br />for universal free college, calling for public<br />colleges to be free of tuition and fees. Elizabeth Warren, via 'Medium'
