While attending a "community conversation" in Grimes, Iowa, this past Monday, a man approached Elizabeth Warren to ask her a question about her student loan plan.  He was irked by having debt redistributed, and Warren was decidedly unsympathetic. Warren wants to wipe out student debt — and she claims she can do it with a stroke of her pen via executive order: [T]he Department of Education already has broad legal authority to cancel student debt, and we can't afford to wait for Congress to act. So I will start to use existing laws on day one of my presidency to implement my student loan debt cancellation plan that offers relief to 42 million Americans — in addition to using all available tools to address racial disparities in higher education, crack down on for-profit institutions, and eliminate predatory lending.  [snip] Here's how it will work:  I'll direct the Secretary of Education to use...(Read Full Post)