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@ISIDEWITHQuestionseducation10yrs ago

Do you support increasing taxes for the rich in order to reduce interest rates for student loans?

Last Spring the U.S. Senate defeated The Bank on Students Emergency Loan Refinancing Act by a vote of 58-38. The act, proposed by Senator Elizabeth Warren (D-MA) would lower the interest rate on existing student loans from 7% to 3.86%. The act would be financed by levying a mandatory income tax of 30% on everyone who earns between $1 Million and $2 Million dollars per year. Proponents argue that current student loan interest rates are nearly double normal interest rates and should be lowered to provide relief for millions of low-income borrowers. Opponents argue that the borrowers agreed to pay the interest rates when they took out the loans and taxing the rich would hurt the economy.

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 @558YLXVanswered…4yrs4Y

No, but end the federal student loan program.

 @2D5KCHQanswered…4yrs4Y

Yes, and forgive all existing student loan debt.

 @8DLTKCZ from Georgia  answered…4yrs4Y

Yes, and all federal student loan debt should be forgiven

 @7G3G2W3 from New York  answered…3yrs3Y

Yes, but I prefer making college free

 @8TXV556 from Maine  answered…4yrs4Y

I think they should raise the Capital Gains Tax given the richest individuals have their money in stock.

 @8BXNXCH from Missouri  answered…4yrs4Y

Yes but I think the colleges should be more affordable for students.

 @7PTCG38 from Wisconsin  answered…3yrs3Y

Yes, cut the current student loan interest rate in half to provide relief for low-income and middle-income borrowers

 @7PTCG38 from Wisconsin  answered…5yrs5Y

No, offer individual states matching dollar-for-dollar federal grants as an incentive to increase investment into higher education. The net result will be a reduction in the interest rates for student loans.

 @7PTCG38 from Wisconsin  answered…3yrs3Y

Yes, and reduce the current student loan interest rate by half to provide relief for low-income and middle-income borrowers

 @8JZHKVX from Mississippi  answered…4yrs4Y

I believe the rich should pay their fair share in taxes, which would allow for the government to provide free public education options to the lower classes of citizens.

 @8PDNMG3 from Wisconsin  answered…4yrs4Y

Either raise the taxes for everyone who wants to go to college and lower the cost of tuition, or lower to costs of college tuition.

 @Tjolly99 from Georgia  answered…3yrs3Y

Free college for all citizens

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 @ISIDEWITH submitted…4mos4MO

No One’s Safe: Trump’s ‘Border Czar’ Homan Promises Sweeping Deportation Operation

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