Think tank: Trump's education plan would cut 490K teacher jobs

Think tank: Trump's education plan would cut 490K teacher jobs
© Greg Nash

Donald TrumpDonald John TrumpGillibrand backs federal classification of third gender: report Former Carter pollster, Bannon ally Patrick Caddell dies at 68 Heather Nauert withdraws her name from consideration for UN Ambassador job MORE's plan to cut back the Department of Education would cost nearly a half-million teachers their jobs, a liberal think tank says.

A Center for American Progress (CAP) report issued Friday found that more than 490,000 educators — about 14 percent of all public school teachers — could have their positions eliminated, and students could lose access to $1.3 trillion in loans.

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“A Trump presidency would devastate state and district education budgets and exacerbate inequities between the working class and the wealthy elite,” said Will Ragland, campaign director at the Center for American Progress Action Fund. 

The Republican nominee has said he will pursue extensive cutbacks at the Education Department.

The plan could affect more than 8 million students around the country. 

"Trump’s plan to sacrifice resources for America’s students, particularly the most vulnerable, to pay for tax cuts that would unduly benefit the country’s top earners is as shortsighted as it is callous,” Ragland added.

The Center for American Progress was founded by John Podesta, who is now Democratic presidential nominee Hillary ClintonHillary Diane Rodham ClintonSanders expected to announce exploratory committee next week Bernie Sanders records announcement video ahead of possible 2020 bid Overnight Defense: Trump declares border emergency | .6B in military construction funds to be used for wall | Trump believes Obama would have started war with North Korea | Pentagon delivers aid for Venezuelan migrants MORE's campaign director.