The centrist argument against Sanders’ student loan plan is getting ripped apart

The tweet links to a piece on Third Way titled ‘Why Free College Could Increase Inequality.’


Ignacio Martinez


Posted on Jun 25, 2019   Updated on May 20, 2021, 9:54 am CDT

Centrist think tank Third Way has really done something special on their Twitter account.

The account achieved truly one of the wildest Twitter ratios I’ve ever had the good fortune of witnessing. A recent tweet from the account garnered about 4,700 replies while only raking in just below 400 likes. 

The tweet links to a piece on Third Way titled “Why Free College Could Increase Inequality” that was written as a response to a plan unveiled on Monday by 2020 hopeful Bernie Sanders. The plan puts forward a law that would entirely erase the crushing student loan debt affecting millions of people in America.

The plan was co-authored by Rep. Ilhan Omar (D-Minn.) and Rep. Pramila Jayapal (D-Wa.). It includes the details that it will entirely “cancel all $1.6 trillion in existing student loan debt and make public colleges and universities tuition and debt free.”

Third Way describes itself as an organization that is constantly “fighting for opportunity, so everyone has the chance to earn a good life.”

Many of the critics of Third Way’s tweet and their response to Bernie’s #CancelStudentDebt plan really don’t seem to agree. Third Way has been getting absolutely lambasted on Twitter for putting out this piece and as #CancelStudentDebt continues to surge, the dunks on Third Way’s line of thinking are as well.

Some criticisms have been more juvenile yet just as cutting.

Additionally, the Sanders campaign has released a debt calculator to mirror the online tool that Elizabeth Warren released when she recently unveiled her plan to alleviate the national student loan debt.

So what’s the formula for Bernie’s debt calculator? Well, take the current amount you owe in student loans, multiply it by the percentage that New York Mayor Bill de Blasio is currently polling at and you’ll end up with how much you’ll owe if the plan comes to be: $0

(Hint: Multiplying any amount you owe times 0 will always net you $0 as your new debt amount).


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*First Published: Jun 25, 2019, 4:08 pm CDT