Bernie Sanders to propose wiping out $1.6 trillion of US student debt
will unveil a plan to cancel all $1.6 trillion (£1.3 trillion) of US by introducing a new tax on Wall Street speculation. is proposing that federal government pays to wipe clean the student debt held by 45 million Americans including all private and graduate school debt. It comes as part of a package that also would make public universities, community colleges and trade schools tuition-free. Mr Sanders is proposing to pay for these plans with a tax on Wall Street that his campaign says will raise more than $2 trillion over 10 years, though ...
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