Here's Why More Than $1.7T Is Owed In U.S. Student Debt

The video discusses the significant student loan debt in the US, which surpasses credit card and car payment debts. It highlights the rapid increase in education costs, outpacing inflation and other expenses. The pandemic led to a temporary pause in loan repayments, but this is set to end soon. The debate over student loan forgiveness is explored, with arguments for economic stimulation and fairness, and against it due to fairness concerns and the focus on lowering education costs. The potential costs of forgiveness plans are also discussed.

How much has the cost of a college degree increased since 2000?

What is the current amount of student debt in the United States?

What are some arguments for student loan forgiveness?

What is the impact of student loan debt on Americans who did not attend college?

What do opponents of student loan forgiveness suggest colleges should focus on?