Half of Americans say student debt is 'a major problem.' Here's what borrowers would do without it
Warren is the only presidential candidate to issue a detailed plan on student debt forgiveness. Under it, borrowers with household incomes under $100,000 would have $50,000 of their student debt canceled, and those who earn $100,000 to $250,000 would be eligible for relief on a sliding scale. "The time for half measures is over," Warren writes. "My broad cancellation plan is a real solution to our student debt crisis.Critics of the proposal, which could cost $1.
Currently, she's a supervisor at an aerospace manufacturing company in San Diego. "If I didn't have that debt hanging over my head, I'd probably find a less demanding job," Mendoza said. "It's difficult when you're in so much pain you don't want to move, but you have to get up and go to work.": In 2018, Americans over age 50 owed more than $260 billion in student loans, up from $36 billion in 2004, according to the Federal Reserve.
"If I could understand the implication of having this debt forever, I might have made a different choice," Hopkins, 31, said of her education. Today, she works as a national field manager at a nonprofit in Denver. "I have a lot of financial stress now, as a lot of our generation does," Hopkins said. "How am I ever going to get to these goals I have for my life?", 27, studied communications at Bowling Green State University in Ohio, and has long wanted to tell stories about autism. Her sister is on the spectrum.
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