Elizabeth Warren: I’ll Cancel Student Loan Debt So Long as Grads Don’t Earn More than $100,000
LEE (voice-over): "Senator Elizabeth Warren out with a sweeping new proposal to wipe clean millions of American student loan debt and overhaul the country’s higher education system. The Massachusetts Democrat dropping the ambitious plan ahead of CNN’s five-candidate young voter town hall in New Hampshire."
WARREN: "Anyone who's got outstanding student loan debt can have up to $50,000 worth of student loan debt canceled out so long as their income is under $100,000, then it steps in up to there’s no help for anybody whose family income is above $250,000. And that’s it. The debt's gone."