Warren's plan would also establish a $50 billion (minimum) fund for Historically Black Colleges and Universities and Minority-Serving Institutions, "ban for-profit colleges from receiving any federal dollars", and "prohibit public college from considering citizenship status or criminal history in admissions decisions". Amy Klobuchar, D-Minn., has said she opposes tuition-free four-year public college, although she favors free community college. "It's how the daughter of a janitor in a small town in Oklahoma got to become a teacher, a law school professor, a U.S. Senator, and eventually, a candidate for President of the United States", she wrote.
"The time for half measures is over", Warren wrote in a blog post.
It would also provide a scaled cancelation for households with income between $100,000 and $250,000.
Warren spelled out the details of her proposal in a post on Medium, where she argued that student loan debt is "crushing millions of families and acting as an anchor on our economy". This would phase out the $50,000 number by $1 for every $3 in income above $100,000, Warren said.
'A silent tax on an entire generation;' Sen.
Beaming royals arrive for Easter Sunday service
The Queen celebrated Easter Sunday this morning at St George's chapel in Windsor Castle, along with members of the royal family. William, 36, and Harry, 34, did not engage with each other on the way in or out of St George's Chapel, People Magazine reports.
Chelsea boss Maurizio Sarri keeping a close eye on Luka Jovic?
Chelsea FC can qualify for next season's Champions League by finishing in fourth spot or winning the Europa League. We might see some very odd results in the last part of the season.
Leinster & Munster To Name Champions Cup Teams Today
Owen Farrell ran the show while Alex Goode, David Strettle and Liam Williams were magnificent. We were in control, but you know that in a match like this it is a wearing-down process.
A recent Federal Reserve study found that Americans under the age of 35 are spending less than previous generations have due to their student debt burden, slowing economic growth and lowering homeownership rates. Her proposal would invest an additional $100 billion over the next decade in Pell Grants, too.
Individuals with incomes of more than $250,000 would not have their debts reduced.
"It's not enough to make sure every American can graduate from a public college debt-free".
With a price tag of $1.25 trillion over 10 years, Warren's higher-education initiatives up the ante on an issue that most 2020 Democratic presidential candidates have been trying to address in more modest ways.
Late last week, she distinguished herself by becoming the first major candidate to call for impeachment proceedings against President Donald Trump after the release of special counsel Robert S. Mueller III's report on Russian interference in the 2016 election.
She said her college plan would be paid by a "wealth tax" levied against Americans with assets valued at more than $50 million, which her campaign says will raise $2.75 trillion over a decade.