VIDEO: Students support canceling college loan debt...but not credit card debt
- Sen. Bernie Sanders recently said that while he supports canceling student loan debt, he does not support doing the same for credit card debt.
- The reason Sanders gave for not canceling credit card debt was "you want to buy something you pay for it."
- Wanting to know what students thought, Campus Reform's Cabot Phillips traveled to George Washington University in Washington, D.C.
As student loan debt in America inches towards $2 trillion, Democrat presidential candidates like Sens. Bernie Sanders and Elizabeth Warren have proposed plans that would "forgive" student loan debt for millions of Americans.
Supporters of th]ese proposals say they would offer young Americans the financial freedom they need to contribute to the economy while detractors point out the hefty price tag and potential danger in the message it sends to the next generation.