Why is student loan debt a crisis/problem?

It’s a problem because kids are not taught economic responsibility at home. Not just poor kids, but well to do kids too.

There really should be a required high school class (maybe just 1 semester) to teach kids basic finances before they go to college.

The "crisis" is trying to buy as many votes possible from young shithead kids.

Because a bunch of left wing voters are drowning in debt because they racked up $100K worth of student loan debt and can't repay it because they only make $40K a year because they majored in some useless liberal arts crap and don't have any better career or earning potential than someone with just a high school diploma.

What’s the problem? Are people unable to find jobs (unemployment rate would say no)? Are people unable to buy houses/cars/rent apts/etc (the price of these things would say no)? The economy is humming. Seems there is no real crisis here, just vote buying.

Because a lot of liberals are choosing sjw fields, that leads them to working at a Starbucks, unable to pay off their loans?

The real issue is the exploding cost of tuition, but no one wants to talk about that.

You always hear these stories about how X University or Y College is opening up some new building, or wing, or residence hall, or whatever, and it looks fancy and shiny and state of the art.

It's kind of like Las Vegas casinos. There was a time when Las Vegas casinos catered to the everyman and middle class. Now it seems like every Las Vegas casino is attempting to cater to the 1%. Colleges are no different these days. They are trying so hard to attract sons and daughters of the wealthy.

Of course tuition costs will explode when the market is flooded with all these unsecured loans. Nothing is keeping tuition prices in check.

Politicians like sanders pushed to nationalize student loans.

By loans being guaranteed, tuition skyrocketed.

Now you have sanders wanting to eliminate school debt via taxing “wall street” trades... your retirement. Notice he doesn’t say tax 401k, MF, IRA but walk street trades.

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Of course tuition costs will explode when the market is flooded with all these unsecured loans. Nothing is keeping tuition prices in check.

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This will never pass because if it does, it will be like pouring gasoline on the fire that is rising tuitions costs. Look no further than the 30 year plus mess in the making that was the housing crisis. Same shite here. The government created this mess and now they will make it worse in the hopes of fixing it.

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Notice he doesn’t say tax 401k, MF, IRA but walk street trades.

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Not even "wall street trades". They call it "wall street SPECULATION!"

file that between "holiday tree" and "white Hispanic" in the liberal database of rebranded political nomenclature.