Calls for Debt-Free College, Student Loan Forgiveness Gain Momentum

Michael Krasny

Aug 11, 2015 at

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(David McNew/Getty Images)

Americans carry over a trillion dollars in student loan debt and eight million Americans are in default on that debt; it’s a problem not lost on presidential hopefuls. Hillary Clinton proposed a plan Monday that would award federal grants to states that increase spending on public universities and limit the rise of tuition. Bernie Sanders has called for tuition-free college. This hour, we’ll look at America’s student debt problem and proposed solutions.

More: Where The Presidential Candidates Stand on Student Debt
More: Consumer Financial Protection Bureau: Submit a complaint about a lender – mentioned on air

Guests:

Steven Swig, President Emeritus, Presidio Graduate School, which grants business and public administration degrees in sustainable management

Mark Kantrowitz, Senior Vice President and Publisher of Edvisors.com, a free website for students seeking financial aid information, advice and tools

Jillian Berman, reporter, MarketWatch

Rohit Chopra, senior fellow, Center for American Progress; former student loan ombudsman, Consumer Financial Protection Bureau

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