BOSTON - No matter which candidate you are supporting in the 2020 presidential election, there is no denying that Massachusetts Senator Elizabeth Warren has made it pretty far in the run. And at this point, it is time to start building momentum for policy promises about what would happen if Senator Warren did secure the presidency. With caucuses in Iowa just around the corner, Warren has set out to grab headlines. And she's done so pretty well so far.
Via her website early this morning, Senator Warren officially unveiled her plan surrounding the issue of student debt, as shared by USA Today. Her proposal is one that would be a major moment for the topic. She said this morning that her secretary of education, while on her very first day in office, would be ordered to cancel student debt for ninety-five percent of students with loans. The cancellation would reach up to $50,000 in loans and would erase college debt completely for about 42 million American citizens, per estimates.
She wrote about her plan, "We have a student loan crisis—and we can't afford to wait for Congress to act. I’ve already proposed a student loan debt cancellation plan, and on day one of my presidency, I’ll use existing laws to start providing that debt cancellation immediately."
Yes, you read that right. Under Warren's plan, she would not need Congressional approval. The secretary of education has the ability to change student loans in this capacity. It could be big doings!
I get that, with presidential elections, there will always be a ton of opinions that swirl around the daily talk machines. Some people prefer some candidates, others slide to the opposite side of the spectrum. Beliefs, opinions, ideas, and thoughts can vary consistently. But this seems like a pretty good idea, right?
Many people on both sides of the political spectrum have immense amounts of student debt following them around and I bet they sure would like to get rid of it. I feel like that's a policy many would rally around because it would help us, as individuals, but I could never presume to know the many thoughts that go through the heads of voters.
Image via Wikimedia Commons