Student Debt Crisis - Student debt has significantly increased from $300 billion in 2000 to nearly $2 trillion [1] - Individuals who graduated in 1997 had largely paid down their student debt 12 years later, but by 2009, the median person owed more 12 years after graduation [2] - Many students may have been exploited by the current system [2] Proposed Solutions - There should be broad student debt forgiveness [3] - The burden of student debt forgiveness should not fall solely on taxpayers; universities and bondholders should also contribute [3] - Taxpayer-only forgiveness could incentivize universities to increase tuition costs without reforming the system [3]