More Americans are going to college than at any time in history. And more are graduating with a student debt burden that will follow them for years, making it more difficult to participate in the American economy: owning a home, starting a business, raising a family. Total student debt in the U.S. now tops $1.6 trillion — making it the second highest category of consumer debt, behind only mortgages.
It's no wonder addressing the student loan crisis has become one of the top issues of the 2020 presidential campaign. That's why Cheddar reached out to all 24 declared Democratic candidates and asked what they would do to address the debt burden if elected president.
While Cheddar asked for just one thing each candidate would do to tackle the crisis, every campaign that responded had a hard time whittling down just what they would do on day one. Their approaches vary from those who want to eliminate all loans to those who prioritize a public service loan forgiveness model; nearly every candidate has a plan to tackle the student-debt load. But, almost every campaign highlighted that the student loan crisis is a problem with multiple causes and multiple solutions.
Here's what each campaign had to say to Cheddar:
Two candidates referred Cheddar to their websites, where they lay out their loan forgiveness plans:
One campaign referred us to a previous media appearance:
While Cheddar did not receive a response from every campaign, a number of candidates spoke about student loans at the first debate in Miami:
*The campaigns of Amy Klobuchar, Bill de Blasio, Cory Booker, Jay Inslee, Michael Bennet, Pete Buttigieg, Tim Ryan, and Tulsi Gabbard all did not respond to comment for this piece.
Rep. George Santos easily survived a vote Wednesday to expel him from the House as most Republicans and 31 Democrats opted to withhold punishment while both his criminal trial and a House Ethics Committee investigation proceed.
President Joe Biden visited Minnesota on Wednesday.
Former President Donald Trump's two sons, Eric and Donald Jr., are set to take the stand in the ongoing civil fraud trial against Trump and his companies. Trump Jr. is expected to testify Wednesday.
President Biden is heading to Minnesota and will tour a family-run farm and hold a fundraiser hosting the state's top Democrats.
The Supreme Court will hear arguments about whether a California man is able to trademark the phrase 'Trump too small.' The phrase appears to mock former President Donald Trump and suggests the GOP front-runner is 'too small' for office.
Former president Donald Trump's two sons, Eric and Don Jr., are set to take the stand in the ongoing civil fraud trial against Trump and his companies.
More than 50 local officials signed onto a letter Tuesday calling on the Environmental Protection Agency to help municipal governments cut food waste in their communities.
After more than three weeks of siege, the first Palestinians — dozens of dual passport holders and seriously injured — were allowed to leave Gaza, where Israeli airstrikes pounded a refugee camp for the second day Wednesday.
The nation's top military and diplomatic leaders urged an increasingly divided Congress on Tuesday to send immediate aid to Israel and Ukraine, arguing at a Senate hearing that broad support for the assistance would signal U.S. strength to adversaries worldwide.
Deputies killed a Maine man outside a police station. Police say he was armed with a rifle.
