Growing student debt crisis: Candidates say cancel it, free college, refinance

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College debt in the U.S. has roughly tripled since 2006 and now exceeds $1.5 trillion, second only to mortgage debt. There are about 43 million student loan borrowers nationwide. Read more:

Calling it a "national emergency," some 2020 Democratic hopefuls have personal experience with big loans that are hard to pay back.Meg Kinnard / AP fileGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.The 2020 Democratic candidates are mostly on the same page — or at least the same bill — when it comes to tackling the student loan debt crisis.

President Donald Trump, meanwhile, is pushing a provision that would cap the amount of federal aid a student could take out in a bid to halt runaway debt. Kamala Harris speaks during a town hall meeting at Canyon Springs High School on March 1, 2019 in North Las Vegas, Nevada., D-Calif., a former prosecutor, has said she plans to go"after predatory private colleges" that lure students with empty promises of profitable jobs while leaving them in a pile of debt.

 

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It's ridiculous 😤😡

$1.6 trillion student loan debt, 600k+ bankruptcies due to medical bills, 40 million people on food stamps, $22 trillion govt. debt, 54000 bridges that need repair. I’d say a small price to pay for having 1000 military bases on foreign soil to keep America safe!

Glad I didn't go! Not paying money to listen to some old communist rant about Trump all day.

And no jobs to pay it off with.

Ask me how many fucks I give about my increasing college debt. The gov made this mess, they can clean it up. They want clinicians with more, more, more education but don’t make it affordable, then they bail out mega corps while acting as tho the debt (they forced us to assume) 1/

Thinking outside of the box here but how about not attending $70,000 a year colleges that require you to take out big loans and then don’t provide a degree that produces a job that pays enough to cover the debt?

utk includes “student loan” amounts on scholarship qualifying letters...tricking many into accepting...absolute scam!

How much blame should higher ed institutions take? Meeting enrollment quotas.

Indictment of stupidity by our 'educated'? If we forgive the student debt... I want my mortgage forgiven too. In fact, give me a heads up early enough so I can take a mortgage on a house I can't afford first. Seems only fair... How 'bout it, liberals?

I would gladly support tuition assistance resulting from degree programs at recognized ACCREDITED public institutions and trade schools who emphasize & verify placement.

Colleges are EXTREMELY inefficient. Literally zero accountability among administration support for teachers( marketing business accounting areas— all a mess) they hemorrhage whatever they’re given. So now we have this crisis and Dems will say more government!!!!

Obama took over the administration of Student Loans, lets kids borrow as much as colleges wanted to charge them. It was a backdoor payoff to the indoctrination camps and sticking the kids with the bill. Sweet !

BradGalli Next Bubble

What, the dumb$$es didn't know what a loan means

We r slaves. Punching clocks and selling the best hours of the day so some lucky ones live like gods.

Maybe the government should stop loaning money to college kids unless they choose a major with real earning potential. Like the kind you could actually PAY THE LOAN OFF!

Stop the government from guaranteeing student loans and college tuition will stabilize and drop.

Lmao price of degree going up while value going down it’s incredible isn’t it

But immigration, South Korea, etc... are the problem? Leaving the next generation, (mine and my brothers) to deal with this along with crippling national debt, increased social instability and fighting for a minimum wage raise that hasn’t come for over a decade. Thanks!!!

Tripled!!! Pretty sure wages haven’t tripled since then.

Get a good degree so u can pay it off

Geez why do they knock themselves out to be in debt rest of lives

Thanks Ivanka

$$$$$$ is ruining every aspect of life because everything is becoming monetized

Tuition is the most corrupt scam going

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