If you would like your college debt completely wiped out, Bernie Sanders might be your pick for the 2020 Presidential Election.
Here's a quick breakdown of Sanders Student Loan Debt Forgiveness:
- The Loan Debt Forgiveness will be funded by a new tax on financial transactions.
- Sanders claims the tax will raise more than $2 trillion over the next 10 years.
- The tax plan will include a 0.5% fee on all stock trades, a 0.1% fee on all bond trades and a 0.005% fee on all derivatives trades.
Sanders believes the federal government should no longer make a profit on student loans.