The government has stepped in on multiple occasions to offer billions of dollars worth of bailout money to banks and corporations. However, there have been little to no efforts made in assisting struggling students and graduates with paying back their student loans.
Student loan debt has become a national crisis. This year has seen $23 billion in new student loan debt, and the 90-day delinquency rate rose to 11% (at a time when most other types of delinquencies are going down).
Higher education is ruining lives by burying students in debt. It is time for the government to stop assisting greedy banks and corporations, and finally help the PEOPLE!