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Sen. Elizabeth Warren introduces $1.2 trillion plan to tackle student debt

Washington • Presidential candidate Elizabeth Warren on Monday unveiled a sweeping proposal to erase student loan debt for millions of Americans and make public college free for millions more, a plan that could distinguish her from the rest of the Democratic field.

Sen. Warren, of Massachusetts, is the first Democratic candidate to release a detailed policy to tackle the high cost of higher education for people who want to go to college and those who are still paying for it.

Her plan would wipe away up to $50,000 in student debt for borrowers with an annual household income of less than $100,000, an estimated 42 million Americans.