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Bernie's plan helps the next generation by:
1) Capping interest rates
2) Controlling the inflation of tuition costs
3) Making public colleges free
It's skewed toward middle class/low income borrowers, women (who hold 2/3 of debt), & POCs.
1) Capping interest rates
2) Controlling the inflation of tuition costs
3) Making public colleges free
It's skewed toward middle class/low income borrowers, women (who hold 2/3 of debt), & POCs.
Twelve years after starting school, the median black student loan borrower owed more debt than they originally took out.
demos.org/sites/default/…
demos.org/sites/default/…
A study from 2013 found families making less than $60,000 a year took out 280 percent more student loan debt than families making over $100,000 a year.
insidehighered.com/quicktakes/201…
insidehighered.com/quicktakes/201…
“Children from families earning more than $90,000 have a 1-in-2 chance of getting a bachelor’s degree by 24. That falls to a 1 in 17 chance for families earning under $35,000.”
washingtonpost.com/news/grade-poi…
washingtonpost.com/news/grade-poi…
