b&b 210: Cancelling Student Debt

Esplicito b&b 210: Cancelling Student Debt

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1 in 6 Americans have student loan debt. Federal Student Loan Debt has risen to $1.5 trillion. The average student loan debt is close to $40,000 now. Every year, the debt creeps higher.

Several of the Democratic Presidential Candidates have proposed plans to cancel all or some student loan debt. What would the affect of doing so be? Would it help the racial wealth divide? Is a college degree worth so much?

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