Home / US / Warren will not hold the universities responsible "over the problem fuel student debt problem: college professor

Warren will not hold the universities responsible "over the problem fuel student debt problem: college professor



Elizabeth Warren's student loan write-off and free college education program – costing $ 1.25 trillion over 10 years – does not address two major issues, according to one critic.

Brian Brenberg, Associate Professor and President of the Business and Economics Program at King's College in New York, said Warren's plan includes "major issues" during a "Fox and Friends" appearance on Tuesday morning.

"One of the big problems is the cost here. We are talking about trillion dollars," he said. "She wants to forgive loans for people who have loans now. She doesn't talk about people who paid their loans earlier and sat there thinking about what I got because I paid out my loans. That's a big problem."

" She's not talking about people who paid their loans earlier and sat there thinking about what I got because I paid my loans. That's a big problem. "

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1; Brian Brenberg

WARREN's MASSIVE $ 640 MILLIONAL STUDENT LOAN DEPOSIT FROM SECURITY FOR STUDENTS PAID BY ITS LIABILITIES

Under Warren's plan, presented on Monday, each person's student debt would receive a $ 50,000 waiver if household income is up to $ 100,000. Revenue would also be entitled to massive debt reductions, while only those households with revenues of over $ 250,000 would not receive a student debt reduction.

But Brenberg points out that while Warren's proposal tries to address massive student loan debt issues, it does little to address the real problem of what causes so many candidates to remain indebted for years, which is the quality of education.

"She doesn't talk about the value people come from schools. So, yes, people have a lot of loans. $ 1.5 trillion in loans," says Brenberg.

"But the problem is that they don't get value for their education, why they can't pay off the loans. Let's talk about it. She doesn't want to hold the universities accountable."

But the problem is that they don't get value for their education, so they can not pay the loans. Let's talk about it. She does not want to hold universities responsible. "

– Brian Brenberg

BRITT MCHENRY: ELIZABETH WARREN RELEASES A STABLE FOR ESTABLISHING A VICTORY CRISIS BUT HAVE GET FROM THE MARKET

According to Warren's data, a one-time price of $ 640 billion to the government. [19659003] But Warren's proposal also includes suggestions for eliminating tuition and fees for two and four-year college studies, as well as an investment of $ 100 billion in Pell Grants, a federal assistance program that requires no repayment – giving the total price tag of about $ 1.25 trillion over 10 years.

CLICK HERE TO FOX NEWS APP [19659003] She claims that the cost of politics beyond her proposed universal free college would be "be" more than covered by my Ultra Millionaire Tax – a 2% annual tax of 75,000 families with $ 50 million or more in wealth. "


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