The burden of student loan debt continues to increase. With more than $1.3 trillion of student loan debt outstanding and an election looming, politicians are making some big promises. Hillary Clinton, the likely Democratic presidential nominee, has promised to "enable Americans with existing student loan debt to refinance at current rates." Donald Trump, the presumptive Republican presidential nominee, has not been explicit about his plans for helping people with student loan debt. However, he has been vocal that the government should not be making money from student loan debt, which implies that some form of refinancing program could be on the table. U.S. President Barack Obamaat the...
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