Sen. Elizabeth Warren Proposes Student-Debt Cancellation

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Sen. Elizabeth Warren Proposes Student-Debt Cancellation
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Sen. Elizabeth Warren unveiled her higher-education proposal, which includes eliminating tuition and fees at U.S. public colleges

Sen. Elizabeth Warren is proposing using taxpayer money to wipe out hundreds of billions of dollars in student-loan debt as a way to control rising college costs.

The proposal, which the Democratic presidential candidate would pay for by increasing taxes on high-wealth households, steers the bulk of debt relief toward people whom Ms. Warren views as least likely to be able to repay their loans.

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