Sanders on Cancelling Student Debt: ‘It Is Wall Street’s Turn to Help the Middle Class’

EXCERPT:

HUNT: "Who is going to pay for canceling that debt? People who haven’t gone to college?"
SANDERS: "No. How we will pay for it is very clear. It will be a tax on Wall Street. Ten years ago we bailed out Wall Street whose recklessness and illegal behavior caused the worst economic downturn in the modern history of this country, and they received trillions of dollars of help from the taxpayers of this country. I think now it is Wall Street’s turn to help the middle class and working families of America by ending student debt for our people. And that is just an incredible burden. You cannot believe the number of people I talked to and saying, 'Bernie, I paid off, you know, thousands of dollars a year. I can’t afford to get married, I can’t have a kid, I can’t have a house because we're paying off this outrageous level of student debt.' This younger generation, Kasie, for the first time in the modern history of America will have a lower standard of living than their parents. And I want to end that. So the people who are going to pay for this, this is a tax on Wall Street speculation. The average American is not going to pay a nickel for this."