There is a new class traitor in town.
Elizabeth Warren has proposed a $1.25 trillion plan to forgive student debts and make all public college and university undergraduate education free, as well as earmarking $50B for historically Black colleges, and expanding federal grants to help pay for all students’ non-tuition expenses.
The plan will be funded through Warren’s proposed annual wealth tax on family fortunes over $50M (this will also fund expanded public housing and universal child care). The plan joins her other progressive policies, including lowering drug prices by producing pharmaceuticals under compulsory licenses; an antitrust breakup of Big Tech; abolishing the Electoral College; and a slate of farm reforms including a national Right to Repair rule for agricultural equipment.
