Democratic presidential candidate Pete Buttigieg knows firsthand the burden of six-figure student loan debt.
He and his husband, Chasten, are far from alone, though, and their personal college indebtedness is helping to keep the issue on the national stage.
Student loan debt is often discussed as an issue that mostly affects millennials, but it cuts across age groups. Federal statistics show that about 7.8 million people age 50 and older owe a combined $291.9 billion in student loans. People age 35 to 49, a group that covers older millennials such as Buttigieg as well as Generation X, owe $548.4 billion. That group includes more than 14 million people.
Former Rep. Beto O'Rourke of Texas stops short of advocating for programs to cancel all debt, like Warren wants to do. Instead, he has suggested wiping away debt for people who go into jobs where there's a manpower shortage, such as doctors in rural areas, but it's not clear which professions would qualify.
Sen. Kamala Harris of California has publicly called for debt-free college, wants to allow people to refinance their loans at a lower interest rate, base repayment on income and simplify financial aid applications to make it easier for needy students to apply. In his financial disclosure filed with the Office of Government Ethics in mid-May, Buttigieg reported that he and his husband have between $110,000 and $265,000 in student loan debt. The report requires a range rather than a specific dollar amount. Chris Meagher, a campaign spokesman, said the exact amount is $131,296.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Billionaire Who Paid Off Morehouse College Student Loan Debt Launches Internship Program
Consulte Mais informação »
College grads earn $30,000 a year more than people with just a high school degreeThe average college graduate earns $78,000 a year compared to the $45,000 earned by someone with only a high school education, according to a new analysis. That's a 75% premium, or more than $30,000 a year.
Consulte Mais informação »
MLB Sends a Message to High Schoolers: Go to CollegeMajor League Baseball held its amateur draft this week, and the results sent a resounding message to kids around the country: If you want to play in the Show, stay in school.
Consulte Mais informação »
Buttigieg campaign grows, looking to sustain early momentumDemocratic presidential candidate Pete Buttigieg has been quickly growing his campaign as he tries to maintain his early momentum through the long haul of the 2020 race
Consulte Mais informação »
In Iowa, Mayor Pete Buttigieg campaigns on the 'power' of being gayThe South Bend mayor campaigns at an event honoring the memory of Matthew Shepard, who was murdered in 1998.
Consulte Mais informação »
Here's How Much Pete Buttigieg Is WorthMayor Pete is a financially comfortable Midwesterner, but one of the least wealthy 2020 presidential hopefuls by ChaseWithorn
Consulte Mais informação »