CSPAN Key Capitol Hill Hearings March 30, 2016
Today, we will address a very important question is there a student debt crisis . In many of us are well aware of the everexpanding student loan market and the latest estimates are that nearly 40 million americans are laden with 1. 3 trillion worth of student ebt. One in four of the borrowers is either in delinquency or default. Last years graduating class had an average of 35,000 in student ebt. Those are striking numbers. The Obama Administration recently announced two policy changes and president ial candidates have focused on a variety of alternatives of ways to lower the debt burdens. Tod...