Sen. Elizabeth Warren (D-Mass.) is looking to eliminate all student loan debt for tens of millions of Americans.
The 2020 Democratic presidential candidate unveiled the details of her plan in a Medium post on Monday, calling for the cancellation of up to $50,000 in student loan debt for those with a household income of less than $250,000. Those making below $100,000 would have $50,000 forgiven, while those making between $100,000 and $250,000 would be entitled to $1 forgiven for every $3 above $100,000. For example, she says someone with a household income of $130,000 would have $40,000 canceled. Those with a household income of more than $250,000 a year would not have debt eliminated.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Today's political cartoons - March 30, 2025Cartoons Sunday's cartoons - strawberry fields forever, secret files, and more
-
5 hilariously sparse cartoons about further DOGE cutsCartoons Artists take on free audits, report cards, and more
-
Following the Tea Horse Road in ChinaThe Week Recommends This network of roads and trails served as vital trading routes
-
The JFK files: the truth at last?In The Spotlight More than 64,000 previously classified documents relating the 1963 assassination of John F. Kennedy have been released by the Trump administration
-
Supreme Court upholds 'ghost gun' restrictionsSpeed Read Ghost guns can be regulated like other firearms
-
Trump sets 25% tariffs on auto importsSpeed Read The White House says the move will increase domestic manufacturing. But the steep import taxes could also harm the US auto industry.
-
Trump allies urge White House to admit chat blunderSpeed Read Even pro-Trump figures are criticizing The White House's handling of the Signal scandal
-
Waltz takes blame for texts amid calls for Hegseth ousterSpeed Read Democrats are calling for Defense Secretary Pete Hegseth and national security adviser Michael Waltz to step down
-
Judge: Nazis treated better than Trump deporteesspeed read U.S. District Judge James Boasberg reaffirmed his order barring President Donald Trump from deporting alleged Venezuelan gang members
-
US officials share war plans with journalist in group chatSpeed Read Atlantic editor Jeffrey Goldberg was accidentally added to a Signal conversation about striking Yemen
-
Canada's Mark Carney calls snap electionspeed read Voters will go to the polls on April 28 to pick a new government
