Joe Biden's higher education plan will cost $750 billion over 10 years
to cancel all $1.6 trillion of student loan debt for the nation's 45 million borrowers. Sen. Elizabeth Warren , another 2020 presidential candidate, introduced legislation in June to cancel student loan debt for more than 95% of borrowers, and would entirely cancel student loan debt for more than 75% of Americans with student loan debt..
Under the proposed program, you could apply up to five years of prior national or community service. Biden also supports the congressionalBiden supports legislation that would allow borrowers to discharge their student loans in bankruptcy.Biden does not support across-the-board tuition free college. However, he supports two years of free community college, in line with his 2015 community college proposal with President Obama.
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