- House Republicans are reviewing a bill that would overhaul the student-loan system.
- It proposes limits on the education secretary for getting new forms of relief to borrowers.
- Democrats introduced their own package to address student debt, but it’s unlikely to advance.
20 years ago you could go to an in-state public school (without housing and food) for $5k/year in Indiana. Nowadays the same school has a tuition of $16k/year without housing. There are cheaper in-state universities going for around $10k/year, but that’s still a minimum of $40k for 4 years without housing or food or car or health insurance or internet or utilities.