I might write, just because there’s things that skip across my brain.
There’s been things floating around about student loan forgiveness.
First story from DDG News tab….
Elizabeth Warren is big on taxing wealth.
I would say do the student loan forgiveness in full for people who couldn’t finish their store-bought degrees.
For people who graduated, and I know Liz is big on wealth taxes, take the amount forgiven from the universities’ endowments.
There’s a lot of very wealthy people in higher ed who’ve given money to their alma maters. Take that. It’s money they’ve willingly given. The current student loan burden is there largely due to universities offering degrees that will never allow the students to earn enough to repay the price of those degrees. Take the money from them.
That is wealth that you can tax, Senator.
I will say that I have no idea what the tax implications will be for those whose loans are forgiven.
That is taxable income.