Reviewing: Joe Biden
Education
Free College
Free community college. Double the max value of Pell grants, currently at $6,195 so would double to $12,390.
Cancel Student Debt
Individuals making less than $25,000 a year will be allowed forbearance on their undergraduate federal student loans indefinitely, during that time the loans will not accrue any interest. All others will pay 5% of their "discretionary" income, listed as
income minus taxes and essential spending like housing and food
towards loans. I have to assume this number will be determined by statistics and not on a person by person basis. After 20 years of on time payments federal student loans will be forgiven. Up $50,000 towards undergraduate and graduate student loans for public servants over 5 years, $10,000 per year.
Economy
Tax the Rich
Wants to tax capital gains like income.
Living Wage
Wants to raise the federal minimum wage to $15 an hour.
Healthcare
Does not support single payer, wants to establish a public option.