Democrats focus on the nation's student loan debt crisis, but do voters care?
have come from Sen. Elizabeth Warren of Massachusetts and Sen. Bernie Sanders of Vermont. Warren would forgive up to $50,000 for each individual earning less than $100,000, which would dramatically impact Americans with undergraduate degrees, but likely only make a small dent for Americans with graduate degrees. Last week, Warren said on day one of her presidency she would
In February 2018, Ruetschlin co-authored a study “The Macroeconomic Effects of Student Debt Cancellation,” thatThe study found that taking the current student debt total and pushing it back into the economy would lead to an “increased GDP by somewhere between 80 to 110 billion a year over the next 10 years,” as well as increased employment opportunities, with more than one million jobs being added to the economy every year.
Many of the candidates have also proposed wholesale changes to the higher education system, including free college at public institutions. So Moffit skipped higher education, instead taking classes “here and there” that could help further her career. She’s carved out a nice life for herself, her husband and her son.
Moffit’s 12-year-old son, Isaac, has already expressed an interest in joining the military after college, a prospect Moffit isn’t wild about, but which could happen if she doesn’t save enough for Isaac to attend college. She doesn’t want him to take out loans and find himself like so many current borrowers, drowning in debt — especially because some of those borrowers don’t even have degrees.
Miller plans to vote and says student loans are a huge issue, along with healthcare. In her friend group student debt is “an open secret,” She hasn’t decided who she’ll support in the primary. She says she doesn’t pay attention to the news too closely, partially because it’s often depressing, and partially because she’s got other things on her mind.
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