Where do the presidential candidates stand on student loan debt? We researched their policy statements and amassed the data into a handy infographic.
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Of all the economic issues facing Americans today, student loans and their accompanying debt have increasingly capture the national spotlight’s attention. According to MarketWatch, “The total outstanding student loan debt in the U.S. is $1.2 trillion, that’s the second-highest level of consumer debt behind only mortgages. Most of that are loans held by the federal government. About 40 million Americans hold student loans and about 70% of bachelor’s degree recipients graduate with debt.” (Berman, Jillian, (2016, Jan. 19th) “America’s growing student loan debt crisis” Found here.)
Long-term effects of the student loan crisis include data supporting a drop in first time home buying as well as a delay of both marriage and families. (Pope-Chappell, Maya (2016, June 15th) “Millennials are delaying adulthood because of crushing student loan debt.” Found here.)
With the firm belief that knowledge is power we offer you this infographic.