Joint Biden and Sanders Recommendations for Higher Education

The attempt by Joe Biden, the alleged Democratic presidential candidate, to unify his party with former challenger Bernie Sanders has not brought any major surprises in higher education politics.

A 110-page set of policies recommendations on a range of issues from climate change to education, drawn up by representatives from both campaigns, called for the cancellation of up to $ 10,000 in student debt relief per borrower during the coronavirus pandemic.

This is a far cry, however, from Sanders’ plan to write off all of the country’s $ 1.6 trillion student debt.

Additionally, the joint proposal repeated Biden’s previous proposal to exempt those earning less than $ 25,000 from making monthly student loan payments, without interest. For those who earn more, payouts would be capped at 5% of their discretionary income. For both groups, any remaining loan balances will be canceled after 20 years.

The task force also recommended that borrowers be able to cancel their student loans in the event of bankruptcy. And the recommendations reiterated Biden’s call to make community college and four-year university tuition free for those earning less than $ 125,000, including undocumented students.

“Democrats believe anyone should be able to graduate beyond high school if they want to, without money getting in the way,” the recommendations say. The task force also recommended doubling the size of the federal Pell Grant, another position Biden had already taken.

In addition, the task force pledged to increase federal funding for programs that help first-generation students, students with disabilities, veterans and other under-represented groups apply for and complete their college education. He also called for providing grants to historically black colleges and other institutions serving minorities.

Source link

About Sharon Joseph

Check Also

How to tell children about the coronavirus: advice from an expert

Subscribe to our Policy NewsletterNY for the latest coverage and to stay informed about the …

Leave a Reply

Your email address will not be published. Required fields are marked *