Democratic presidential candidate Sen.
Democrats will next summer pick a White House nominee to take on Republican President Donald Trump in the election of November 2020.
Sanders will announce the legislation alongside Minnesota Rep. Ilhan Omar an Rep. Pramila Jayapal, co-chair of the Congressional Progressive Caucus. That effort cleared the Senate but died in what was then a Republican-led House.
"It's a regressive giveaway that primarily benefits upper middle class people who attended elite four year colleges", Lanae Erickson, Third Way's senior vice president for social policy and politics, said in a statement.
Sanders, an independent USA senator from Vermont, said his plan would wipe out college debt for 45 million Americans and be funded with a tax on stock, bond and derivatives transactions that would raise about $2.2 trillion over 10 years. According to the Washington Post, Sanders believes these taxes would raise $2 trillion over a 10-year period.
The self-described socialist-Democrat brought the issue of college-debt and tuition-free higher education to the forefront during his 2016 presidential campaign. Elizabeth Warren (D-Mass.) has also proposed a similar plan for student debt forgiveness. The key difference is that Warren's plan considers the income of the borrowers, canceling $50,000 in debt for those earning less than $100,000 per year and affecting an estimated 42 million people in the U.S. American households with higher incomes, up to $250,000, would also see some of their debt written off as well. "I'm trying to learn to talk in just one-minute segments", laughed Sen. With Biden feeling the pressure and Sanders hearing her footsteps, the MA senator has the chance to really stand above the field. Bernie Sanders, I-Vt., plants to introduce a plan to completely eliminate student loan debt nationwide. In those states Biden leads, but Warren edges out Sanders - a possible sign of her growing support in states that are pivotal for the primary contest.
Sanders is proposing that the federal government pay to wipe clean the student debt held by 45 million Americans - including all private and graduate school debt - as part of a package that also would make public universities, community colleges and trade schools tuition-free.
His $1.6tn plan is as costly as it is ambitious.
The op-ed is published in the Miami Herald and El Nuevo Herald, with Biden using the English and Spanish versions to praise the diversity of the surrounding city where 20 Democratic candidates will take the debate stage in two heats Wednesday and Thursday.
"I don't have Barack Obama money, either", Biden said, drawing warm laughter from the crowd.
Criticising Mr Trump's controversial rhetoric on migrants, Mr Biden said focusing on improving screening procedures and investing in border technology would "do more for our security than a wall ever could".
Buttigieg's relationship with black South Bend residents has gotten more scrutiny in recent months.
At a town hall on Sunday, some black residents questioned the mayor's policies on law enforcement and blasted his response to the shooting, voicing their distrust in his leadership.
"I have a lot of respect and gratitude for the vice president, and I want folks to know I have nothing to apologize for when it comes to speaking truth to power". Warren, MoveOn.org adds, is the "first or second choice" of around 63% of MoveOn.org members - which represent the furthest left of Democratic voters.