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That. one is that that's a rounding errors when you're talking about these candidates' plans. elizabeth warn wants to write off about $640 billion, bernie sanders wants a $16 trillion green new deal. these plans seem very unlikely e to pass -- paul: no, but even if those plans don't pass, as allysia points out, they are current law, the policy, the forgiveness plans, and those already have a built-in write-down of that kind of a magnitude eventually anyway. >> sure. well, i mean, students are sympathetic, and a lot of them in their defense were told to go to college and told it didn't matter, ...

Households with a billion dollars or more would pay 3%. warren thinks this would affect very few people. just 75,000 households in a nation of more than 300 million people. warren thinks she could raise $2.75 million with her wealth tax over ten years. she could do a lot of what she wants to do with that money. cancel student loan debt. warren says 95% of people with student loan debt would see some sort of benefit under her plan. if you make less than $100,000, the government would pay $50,000 of your debt off. that would phase out for people with larger incomes up to $250,000. the one-time c...

The citizens hide. it is regressive and a bad idea. and president trump should be able to shoot this one down pretty easily. >> melissa: senator sanders plan with senator elizabeth warren, she has proposed a plan to forgive $640 billion in student loan debt. this is just one policy proposal from 2020 democratic hopefuls expected to be fiercely argued at this week's debate. jessica, i will start with the a pain in my mind, he is targeting the wrong villain here by saying that wall street needs to pay for it, it is the universities. they are the ones that are selling degrees that are not worth w...

Should repay the debt for these other people. we are talking graduate school and other things. what are your thoughts? >> all student loan debt. i think this is an example of the war ratcheting up. we are seeing inside the democratic primary. so many candidates trying to get attention. not long ago, one of the more minor candidates propose to kind of have a modest debt forgiveness plan. elizabeth warren propose to increase that. she propose to forgive $640 billion in student debt. now bernie sanders has upped the ante and says let's just forgive all of it. $1.6 trillion. so i think you see thi...

Sanders and cost $640 billion. that is more than our entire annual defense budget. is it a one-time payment? sure. does it also give the go-ahead to colleges to continue to explode their bureaucracies? in the last quarter century, the amount of bureaucrats has doubled and is the quality of their degrees doubling? we created this pipeline with unfetterred students loans, the universities know they can screw tax players and students by jacking up prices, this is giving them the green light to do so. >> neil: so you're not a fan. let me get your read on this, david. everything seems predictable. ...