Joe Biden’s Role in Creating the Student Debt Crisis Stretches Back to the 1970s

Posted on January 8, 2020 12:10 pm

Joe Biden played a central role in the creation of the student debt crisis that he and other candidates are now promising to fix, according to a close look at the legislative history around the spiraling phenomenon. Today, more than 44 million Americans collectively owe nearly $1.6 trillion in student loan debt, a figure that has surpassed similar numbers for nearly every other form of debt, including credit cards and auto loans. The issue of student loan debt has even radicalized a high-ranking Trump administration student loan official, A. Wayne Johnson, who resigned from Betsy DeVos’s Education Department last October…