A bill that would have paved the way for this reform was blocked by Senate Republicans, who contended in national reports that the bill was merely election-year posturing by Democrats. They also complained the bill had not gone through the committee process.
But Johnson said that, as student loan debt tops
While middle class incomes have stagnated, college costs have "soared by four times the rate of inflation" between 1985 and 2011, Johnson noted, while federal student aid has been trimmed.
The burden is felt by families but also by the economy, as workers avoid paying to obtain the skills needed in the economy and those who did borrow money defer homeownership and launching businesses due to their student debt.
"College represents one of the surest paths to the middle class, yet it has become increasingly difficult for young people and families in
The bill's lead sponsor, Sen.
Johnson said Senate Democrats are likely to push to include Warren's proposals when
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