Progressives' plan would tax Wall Street speculation to fund tuition-free college
By Jake Johnson, Common Dreams
published April 21, 2021
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Sen. Bernie Sanders and Rep. Pramila Jayapal introduced legislation Wednesday morning that would make public colleges and universities tuition-free for students from families earning less than $125,000 a yeara proposal President Joe Biden ran on during last year's general election.
The billtitled the College for All Act of 2021 (pdf) and funded by a tax on financial transactions in the stock marketwould also guarantee tuition-free community college for all and invest $10 billion annually in under-funded education institutions.
Additionally, part of the proposal would double the maximum Pell Grant award to nearly $13,000 and allow students to use the money for living costs and other non-tuition expenses.
https://www.rawstory.com/college-for-all-act/