• 00:00 🎓 The average student loan debt per borrower is around $39,000, but this doesn't represent what recent graduates owe; it's what remains after payments and interest accrual.
• 00:58 🏫 The discrepancy in average student loan debt ($39,000) versus typical debt for four-year college graduates ($28,000) is largely influenced by graduate school loans.
• 01:58 📉 40% of student loan holders do not obtain a degree, often due to financial strain and academic challenges, particularly impacting Black, Hispanic, and first-generation students.
• 02:28 💸 College costs extend beyond tuition, affecting students' near-term income and family support, contributing to dropout rates and loan delinquency.
• 03:24 🚫 Debt forgiveness disproportionately benefits those who didn't graduate, highlighting systemic issues in higher education and the need for ongoing support beyond loan relief.

University of California Irvine's Roland Betancourt teaches "Disneyland: Art, Architecture and Operation."

In what may be the most generous aid program in the country, Washington is on the brink of reducing tuition or making it free for about 110,000 low- to median-income students each year. Guaranteed, with no more wait lists.

Can't have both truth and social justice???