Bernie Sanders to propose cancelling $1.6 trillion in U.S. student loan debt, wiping slate clean for 45 million people — National Post

WASHINGTON — Sen. Bernie Sanders, I-Vt., will propose on Monday eliminating all $1.6 trillion of student debt held in the United States, a significant escalation of the policy fight in the 2020 Democratic presidential primary two days before the candidates’ first debate in Miami. Read More

Bernie Sanders to propose cancelling $1.6 trillion in U.S. student loan debt, wiping slate clean for 45 million people — National Post

We absolutely MUST eliminate student loan debt. In this economy the nice juicy jobs you’re promised on graduation don’t always pop up, and college graduates also have to take care of families, mortgages, utilities, etc. This would be no different from, in a developing country, a land reform, where poor peasants are allotted portions of a big landowner’s land to farm privately. And, alas, we ARE damned close to becoming a third-world country.
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