Elizabeth Warren wants to kill off student debt before the blink of your eyes

ELIZABETH WARREN — has a bright and probably controversial-to-some-people plan that could offer her a boost come election time if played right. According to Warren ‘s Presidential 2020 campaign, Warren has now released and endorsed a plan to essentially kill off student-debt as America may know it.

The plan would “essentially kill about 75% of US student-debt”. That plan includes a number of stipulations in it, most notably, the fact that it generally goes off of your income. For instance, a household making less than $100,000 a year would see a cap at $50,000 worth of debt wiped out.

The plan alone would reportedly cause nearly 95% of Americans to see their debt almost if not entirely vanish. Obviously there is a ton of criticism though, mostly around the idea that wealthy Americans would also benefit here (which is a hard pass).