I read Senator Warren’s plan and it might work.
I would prefer to see the loan elimination phased in, like 20% per year until gone, so that there would not be a big jolt to the economy, but that is just details.
Also, if loans were granted in the future, I would like to see a declining interest rate to zero over 5 years.
I know people who owe 3 times the original loan amount due to compounding interest.
Thanks for bringing it to my attention.