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"Does anyone here have a student loan debt? Does anyone know anyone who has student loan debt?" All in all, I think we have almost everyone, "said the Massachusetts Democrat.
The calculator, she added, is "a way to make people understand what it means to talk about the cancellation of student loan debt."
Warren's plan would cancel up to $ 50,000 of student debt from households whose income from business is less than $ 100,000 a year. For these Americans, the math is simple.
But the amount of relief decreases gradually as the level of income increases. Households earning more than $ 250,000 will not be eligible for any debt relief.
Warren also offers to make free education at public colleges of two and four years for all students, regardless of their family's income. She wants to increase federal funding for Pell grants, which are given to low-income families, as well as to invest more in historically black universities and colleges. The honorable senator also calls for the prohibition of for-profit colleges to receive federal funding.
Meaning. Cory Booker of New Jersey, Kamala Harris of California, and Kirsten Gillibrand of New York – as well as Warren – are both co-sponsors of Hawaii Sen's Debt-Free College Act. Brian Schatz. It would create a matching grant for states that are committed to helping students bear the full cost of attendance without taking out a loan.
The Vermont Senator, Bernie Sanders, who contributed to the inclusion of the idea during his candidacy for the 2016 presidential election, introduced his own bill that would make tuition and tuition fees free of charge. in public colleges for students whose families earn less than $ 125,000.
But other candidates, including Senator Amy Klobuchar and Mayor Pete Buttigieg, Mayor of South Bend, Indiana, abstained from a free university platform.
Daniella Diaz from CNN contributed to this report.
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