FALL 2024 ISSUE - Flipbook - Page 35
for Harris in a post on X Sunday evening.
Harris has also taken on predatory schools
and fought for relief for borrowers.
As the attorney general in California,
Harris investigated and sued Corinthian
Colleges, and obtained a $1.1 billion
judgment against the now-defunct forproot conglomerate. The U.S. Department
of Educated ended up looking into the
schools, and in 2022 forgave $5.8 billion in
student debt for 560,000 former Corinthian
students.
4 Annie Nova
Income inequality
Before becoming vice president, one of
Harris9 signature proposals 4 known as
the Lift the Middle Class Act 4 would
have provided an annual tax credit of up
to $6,000 for lower- and middle-income
workers, on top of the beneots they already
receive, to help close the wealth gap. Harris
proposed repealing the Trump tax cuts to
pay for it.
Since then, the cost of living has
only skyrocketed, hitting workingclass Americans especially hard, said
Laura Veldkamp, a professor of onance
and economics at Columbia University
Business School. In that context,