Bernie Sanders Wants To Tax Wall Street To Pay For Free College

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The senator and Rep. Pramila Jayapal are introducing legislation modeled after President Biden’s campaign proposals.

Under the plan, which Rep. is introducing in the House, the federal government would pick up three-quarters of the cost of making public colleges tuition-free and states would pick up the rest. The legislation also makes community college free; invests $10 billion in historically Black colleges and universities, tribal colleges and other minority-serving institutions; and doubles the size of the maximum Pell Grant to $13,000.

“While President Biden can and should immediately cancel student debt for millions of borrowers, Congress must ensure that working families never have to take out these crushing loans to receive a higher education in the first place,” Jayapal said.

 

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