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New National and State Proposals to Solve the Student Debt Crisis

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The total of student loan debts in the United States is almost at $1.3 trillion dollars and is considered to be the next bubble following the housing bubble that burst in 2008 causing the Great Recession. President Elect Donald Trump, New York Governor Andrew Cuomo, and Maryland Governor Larry Hogan believe that they have plans to solve the debt crisis for young graduates.

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There is no such thing as society. There are individual men and women, and there are families. And no government can do anything except through people, and people must look to themselves first. It’s our duty to look after ourselves and then, also to look after our neighbour.

- Margaret Thatcher