Tuition-Free College and Eliminating Student Debt

  • Student debt disproportionately affects women and minorities. Women hold two thirds of all student debt; one third of Latino borrowers do not complete their degrees, while only one fourth of white borrowers do not complete their degrees. Black students disproportionately take out loans and graduate with more debt than white students. This enforces racial wealth disparities and leads to minorities paying higher student loans, over a longer period of time, and with more interest.

  • No more. Solomon will support:

    • The cancellation of $1.6 trillion in student debt through increasing the federal income tax on the 1%, rolling back the corporate tax breaks, as well as a wealth tax.

    • The College for All Act, which will provide $41 billion per year to eliminate tuition and fees at higher education institutions

    • $1.3 billion funding of non-profit History Black Colleges and Universities

  • What will this growing debt mean for our economy?

    • Cancelling student loan debt and eliminating public school tuition will save the average borrower about $3,000 per year.

    • Access to higher education for everybody, no matter their race or gender identity.

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P.O. Box 980133, Ypsilanti, MI 48198