Elizabeth Warren’s Student Loan Relief Would Lift Black, Latino Borrowers
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Democratic presidential candidate Elizabeth Warren’s new student-loan forgiveness plan includes specific policies that would help black and Latino students, two groups that tend to carry disproportionately high levels of educational debt.
Her proposal, which is estimated to cost $1.25 trillion over a decade, creates a minimum $50 billion fund for Historically Black Colleges and Universities and minority-serving institutions to help close gaps in per-student spending. It would also prohibit public colleges from considering citizenship status or criminal history in admission decisions.