Growing student debt crisis: Candidates say cancel it, free college, refinance

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Growing student debt crisis: Candidates say cancel it, free college, refinance
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College debt in the U.S. has roughly tripled since 2006 and now exceeds $1.5 trillion, second only to mortgage debt. There are about 43 million student loan borrowers nationwide. Read more:

Calling it a "national emergency," some 2020 Democratic hopefuls have personal experience with big loans that are hard to pay back.Meg Kinnard / AP fileGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.The 2020 Democratic candidates are mostly on the same page — or at least the same bill — when it comes to tackling the student loan debt crisis.

President Donald Trump, meanwhile, is pushing a provision that would cap the amount of federal aid a student could take out in a bid to halt runaway debt. Kamala Harris speaks during a town hall meeting at Canyon Springs High School on March 1, 2019 in North Las Vegas, Nevada., D-Calif., a former prosecutor, has said she plans to go"after predatory private colleges" that lure students with empty promises of profitable jobs while leaving them in a pile of debt.

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