Where Bernie Sanders stands on student loan debt:
, he has not offered much in the way of policy proposals related to loan forgiveness – either in the form of fixing problems related to these existing programs, or creating new loan forgiveness opportunities for student borrowers.
Sanders has not offered any proposal remotely likeSanders has been at the forefront of advocating for debt-free college, and many of his rivals for the presidential nomination have adopted some variation on his position. However, while his plan could certainly helpcollege students, he has yet to release a comprehensive and detailed proposal to address the $1.5 trillion in student loan debt that already exists. Given that many political observers see Sen.
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Where Does Bernie Sanders Stand On Student Loan Debt?Sanders supports debt-free college. But what about current student loan borrowers?
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For some, student loan debt is doubling, tripling, and even quadruplingOutstanding student loan debt in the U.S. has tripled over the last decade and now stands at almost $1.5 trillion — in part because many people are seeing their individual balances spiral out of control.
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Former for-profit college students will have $168 million in student debt cancelledThe debt discharge is part of a deal between the CFPB, state attorneys general and a company that managed private student debt on behalf of ITT.
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Students of Defunct ITT Tech to Receive $168 Million in Loan ForgivenessThe Consumer Financial Protection Bureau and a coalition of 44 states and the District of Columbia said they had reached a settlement with a lender that worked closely with ITT to forgive the private student loans.
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