July 22, 2021

The Hill: Warren: Canceling $50K in student debt could 'transform an entire generation'

Sen. Elizabeth Warren (D-Mass.) is reigniting her push for canceling $50,000 in student debt per borrower, arguing the move could “transform an entire generation.”

“It would help nearly everyone who tried to go to college and it didn’t work out - the 40% of student loan borrowers who do not have a college diploma and are truly struggling hard with student loan debt and would help a huge number of public school teachers and firefighters and people who want a chance to get out there and start their own businesses,” Warren told MassLive in a recent interview.

“It’s the right number, it’s where a lot of people intersect that we could transform an entire generation,” she added.

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By:  Mychael Schnell
Source: The Hill