Education coverage brought to you by the Bill and Melinda Gates Foundation.Education coverage brought to you by the Bill and Melinda Gates Foundation.

Education

Sanders to propose bill wiping student debt of 45M Americans

Democratic Senator and presidential candidate, Bernie Sanders, addresses the crowd at a packed rally at Clinton College, in Rock Hill, SC on June, 22 2019.
Democratic presidential candidate Sen. Bernie Sanders. Photo: Logan Cyrus/AFP/Getty Images

Democratic presidential candidate Sen. Bernie Sanders (I-Vt.) is set to unveil on Monday legislation to eliminate all $1.6 trillion of student debt held in the U.S. and pay for it by raising taxes on Wall Street, the Washington Post first reported.

"This is truly a revolutionary proposal: all Americans will get the college education or job training they need, while having all student debt forgiven. We bailed out Wall Street in 2008. It’s time to tax Wall Street’s greed to help the American people."
— Sanders statement on Twitter

Timeline: The major developments in the college admissions scandal

Felicity Huffman. Photo: Boston Globe/Getty Images

In what Department of Justice prosecutors are calling the biggest admissions scam in U.S. history, at least 50 people allegedly bribed coaches and paid for forged standardized tests in a conspiracy to get their children admitted to elite American colleges.

Details: To date, 50 people — from business leaders to celebrities like Lori Loughlin and Felicity Huffman and athletic coaches — have been charged in the alleged scheme, dubbed Operation Varsity Blues.