Sanders Thinks He Can “Cancel” Student Loan Debt for All

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There’s certainly no shortage of grand and unrealistic promises amongst the Democrat Party. If you listen to the current batch of candidates, they’re going to give Americans free healthcare, free college, a free $12,000 per year for nothing, and much more. That’s not all though! Democrats also think they have the power to “cancel” all student loan debt; at least that’s something which Bernie Sanders vowed to make happen during last night’s third Democrat debate, as documented by Breitbart News.

Sanders’ newly-introduced legislation to “cancel” all student loan debt is the College-for-All act. This particular piece of legislation aims to erase all student loans by hiking taxes on Wall Street. What Sanders isn’t telling the American people is that legislation of this nature would have to make it through Congress, garner the necessary votes, and then get a signature from the president of the United States.

Reviewing Sanders’ Promises on Student Loan Debt

In a clear desperation to get votes, Sanders made a series of promises during last night’s Democrat debate. In addition to vowing to erase all student loan debt, the socialist pledged that he would increase teachers’ salaries to $60,000 and remove all debt associated with colleges and universities.

Of course, Sanders’ answer for funding all of this includes simply slapping higher taxes on Wall Street. The College-for-All act is set to cost a whopping $2 trillion dollars, an amount which is higher than the collective student loans which Americans owe.

Nevertheless, Sanders attempted to explain it all away and convince Americans that what he’s doing is helpful and realistic. His precise statements on the matter read as follows:

“Under my legislation, we’ll move to see that every teacher in America makes at least $60,000 a year. What we will also do is not only have universal pre-k, we will make public colleges and universities debt free. This is an incredible burden on millions and millions of young people who did nothing wrong except try to get the education they need.”

Facing Reality

Whenever Democrats make these grand proposals, they always cite taxing the wealthy as their way of paying for things. What they won’t tell Americans is that wealthy individuals already pay a considerable amount of money in taxes.

Time and time again, middle-class Americans have suffered when Democrats chose to use the government to supposedly improve people’s lives. The government doesn’t do much well, but the left-wing still has yet to learn this lesson. At the end of the day, the cost of Democrats’ programs always falls down on middle America and achieves the exact opposite of what leftists profess as their interests.

What do you think of Bernie Sanders’ College-For-All legislation? Sound off in the comments section below!