Student loan debt in the U.S. stands at $1.3 trillion, leading many Americans to doubt whether or not college is worth it.
In 2015, students who graduated from a public or nonprofit college had an average debt of $30,100.
For those pursuing a college degree, 41 percent of students did not complete their degree in six years. Socioeconomics and demographics play a significant role in whether or not students complete college and those who are disproportionately likely to be behind in their student loan payments.
How did we get to this point? What should lawmakers, lenders and colleges do to help students deal with crushing debt?
To dig into the student debt crisis and explore new funding models, Ted Malone, executive director of the Purdue Division of Financial Aid (@TedMalone2); Natalia Abrams, executive director of StudentDebtCrisis.org (@debtcrisisorg); Ben Miller, senior director for postsecondary education at the Center for American Progress (@EduBenM); and Jon Marcus of The Hechinger Report (@JonMarcusBoston) joined the PBS NewsHour (@NewsHour) on Twitter for the latest edition of #NewsHourChats.
Follow our conversation below: