Bernie Sanders is proposing to forgive all $1.5 trillion in U.S. student-loan debt with a new tax on stock, bond and derivatives trades
WASHINGTON—Democratic presidential candidate Bernie Sanders is proposing to forgive all $1.5 trillion in U.S. student-loan debt with taxpayer dollars, entering a policy debate that resonates with young and educated voters the Democrats hope to secure for their 2020 electoral coalition.
Mr. Sanders’s plan, which he introduced alongside Reps. Ilhan Omar and Pramila Jayapal on Monday, would erase all existing student debt, including private and graduate-school loans. Mr. Sanders would pay for the canceled...
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