Bernie Sanders unveils bill to cancel all Americans student loan debt

2:08 PM ET Mon, 24 June 2019

Sen. Bernie Sanders announced a plan on Monday to erase the country's $1.6 trillion outstanding student debt. The legislation will release all 45 million Americans from their student debt and be paid for with a new tax on Wall Street transactions. The plan would also make two- and four-year public colleges and universities tuition- and debt-free.