When Sarah Brewster’s car broke down a couple months ago, the 26-year-old therapist panicked. She didn’t have $800 in cash to fix it, and the thought of a car loan overwhelmed her. How could she fit in another bill when she’s already living paycheck to paycheck, desperately trying to pay down her student debt?
In the U.S., student debt, the fastest-growing debt in the country, totals more than $1.5 trillion and has already surpassed credit card debt. In 2018, 65% of college seniors who graduated from public and private nonprofit colleges had student loan debt, according to The Institute for College Access & Success.
Despite picking up odd jobs every summer, from bartending to hosting a trivia night to handyman work, Bluemling can only afford to make the minimum monthly payment — about $400 — which means he’ll likely be paying loans his whole life. When it comes to the election, the student debt crisis matters, but he’s thinking more about escalating tensions with Iran than anything else.
“The student debt crisis has two sides to it,” says Ruetschlin. “One side is, what do we do about debt that’s already accumulated that’s holding back the generation struggling with debt from making the large investments like household formation, kids, buying a home, saving for retirement. The second side is, how do we prevent future generations from dealing with this problem?”
“If we don’t have a major structural change,” Ruetschlin says, “we’ll find ourselves right back here.” 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. According to the Urban Institute, among students who began college in 2011, 32% were no longer in school and had not earned a degree or certificate six years later; 27% of borrowers were in that situation.
Source: Education Headlines (educationheadlines.net)
Democrats have acted like fools for more than two years and still think you should vote for them!! HaHa
Hard beat free but free beginning of end for a nation state
We parents who paid full tuition for our child sure as hell care 🤬🤬🤬
Half the voters are pissed off about it, and the other half don’t think it’s possible
YES WE CARE. WE DONT WANT PROMISES ON IT-AGAIN WE WANT ACTION/S ASAP. THANK YOU ALL.
Voters care? The future health of the U.S. education system and our youth who need it care. So all voters should care. - BernieSanders
Why not,students comes from a family ,when burden is lifted from one other's have rest.
Yes. Lol
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