Sen. Bernie Sanders, along with Rep. Ilhan Omar and Rep. Pramila Jayapal, introduced the “The College for All Act” today which will forgive $1.6 trillion outstanding student loan debt.
Sanders proposes that Wall Street pick up the tab, saying they need to help out the middle class.
Wall Street speculators nearly destroyed the economy a decade ago, and the American people bailed them out.
Now it's time for Wall Street to come to the aid of the middle class of this country.
We are going to #CancelStudentDebt and pay for it with a tax on Wall Street.
— Bernie Sanders (@BernieSanders) June 24, 2019
Rep. Omar said students were victims, it wasn’t their fault they were in so much debt and that “student debt is not the result of bad choices or behavior.”
Democrat Rep. Ilhan Omar says 45 million Americans who made the decision to take out student loans to go to college are victims: “Student debt is not the result of bad choices or behavior” pic.twitter.com/iB0ThpdAIR
— Ryan Saavedra (@RealSaavedra) June 24, 2019
Not to be left out, Rep. Alexandria Ocasio-Cortez held a press conference to lend her support to Sanders and Omar, saying, “What a beautiful day to liberate ourselves from student debt. What a beautiful day to liberate our future generations from the scourge of for-profit education, & by that we also mean for-profit student loan debt.”
"What a beautiful day to liberate ourselves from student debt. What a beautiful day to liberate our future generations from the scourge of for-profit education, & by that we also mean for-profit student loan debt."
Rep. @AOC's full remarks about bill to eliminate student debt. pic.twitter.com/4tP1ANL24b
— The Hill (@thehill) June 24, 2019
The plan would also make two and four year colleges tuition free.