It’s time to hit the reset button.
Today, an entire generation is burdened with a lifetime of student debt that leaves them less likely to own a home, and with lower wages and more debt than generations before them. We should not be punishing people for getting a college education.
It’s time to hit the reset button.
That is why today I am proud to introduce a plan in Congress with Reps. Ilhan Omar and Pramila Jayapal that will guarantee college as a right for all and that will cancel ALL student debt — $1.6 trillion owed by 45 million Americans, gone within six months.
And Wall Street is going to pay for the whole thing.
Our plan is revolutionary. Here is what we are going to do:
- College must be a right for everyone, so tuition will be free at all public colleges and universities.
- We’re going to cancel all $1.6 trillion in existing student loans.
- Provide additional assistance to students who need it to make college fully debt-free.
- Cap future student loan rates at 1.88% interest.
Wall Street is going to pay small taxes on their gambling — and those taxes will pay for our entire plan.
Sound good? Add your name if you agree:
We need the best-educated workforce in the world if we’re going to compete effectively in the global economy. To do that, we must make certain that every person in this country who has the desire can get all the education they need — regardless of their race, their gender, their ZIP code, or the income of their family.
A full and complete education, from child care through college, must be a human right accessible to anyone who wants it.
It is a tragedy that hundreds of thousands of young people are giving up their dream of going to college because it is too expensive. And it is absurd that we have, at the same time, sentenced an entire generation to a lifetime of debt for doing simply what was expected of them — getting a college education.
That’s not what America is supposed to be about. So we’re going to do something about it.
In 2008, Wall Street created a crisis of its own, and in return got a government bailout worth trillions of dollars. It was the biggest taxpayer bailout in history.
Now it’s time for Wall Street to pay it back.
We are going to cancel all student debt. We are going to make public colleges and universities tuition-free and debt-free. We’re going to create an economy that works for all of us, not just the top one percent.
And we’re going to do it together.
Add your name if you agree:
Together we can change our country. Thank you.
In solidarity,
Bernie Sanders
If you agree that we need to cancel ALL student loan debt and make college a right for everyone, I want to know we have your support.
Add your name as a citizen co-sponsor of our College for All Act today.
Paid for by Bernie 2020
PO BOX 391, Burlington, VT 05402
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