Student debt is a mounting problem confronting the country.
A recent Bloomberg analysis of U.S. Department of Education statistics shows that federally backed student loans are in dire strait, with about 40% late on payments, in default or otherwise.
“More than 42 percent of loan balances are either delinquent, temporarily postponed, in default or in bankruptcy, or borrowers are seeking to shed the debt by convincing the feds that their disability prevents them from ever repaying what they owe,” the analysis noted.
Both presidential candidates have pledged to tackle the nation’s student debt. So what exactly do Donald Trump and Hillary Clinton plan to do to help fix the problem?
Read more at Policy.Mic: https://mic.com/articles/153402/here-s-where-donald-trump-and-hillary-clinton-stand-on-student-debt#.FLxl14R4E
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