Bernie Sanders Wants To Make Wall Street Pay Off The US's $1.6 Trillion In Student Debt
Wall Street should pay for student loan debt relief, at least according to Bernie Sanders.
The Vermont senator and 2020 presidential hopeful is set to release a plan Monday ahead of the Democratic debates later this week.
His plan proposes cancelling the outstanding $1.6 trillion of student loan debts held by 45 million Americans in the US.
Sanders proposes doing this by including a 0.5% tax on stock transactions, a 0.1% tax on bond trades, and a 0.005% tax on derivatives transactions.