As lawmakers in St. Paul and Washington, D.C. try to tackle deficits and debt, they’re keeping a close eye on the debt college graduates are racking up.
Minnesota Gov. Mark Dayton and U.S. Sen. Al Franken wanted to hear directly from students about the issue at a roundtable at St. Paul College on Tuesday.
Americans now owe $1 trillion on their student loans, eclipsing the amount they owe on their credit cards.
“This is a trend we’re seeing and it’s not good. I don’t think it’s good for America and it’s certainly not good for our young people,” Franken remarked.
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Published on April 04, 2013 12:03