Independent Senator and 2020 Democratic candidate Bernie Sanders is introducing legislation today that would cancel all $1.6 trillion of student loan debt in the country, which affects around 45 million people. The measure would be paid for with a new tax on Wall Street. The bill will also make public universities and community colleges free, a key pillar of Sanders’s 2020 education platform. Congressmembers Ilhan Omar and Pramila Jayapal are introducing accompanying legislation in the House.