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As the 2020 US presidential race kicks into gear, student debt has made headlines recently as candidates begin to acknowledge the need for change and their plans to make a difference. Here’s what you need to know.
Assessing the Situation
Many news stories have assessed the severity of the situation, including NBC News, which offers five charts showing the scale of the American student loan debt problem.
The key takeaways from the charts? For starters, student loan debt totals have skyrocketed over the past decade with a total outstanding debt of $1.4 trillion. Not only has this figure more than quadrupled over the past ...