If you read much about the federal budget, a trillion and a half dollars may not phase you.
But that's not the federal debt, it's the total student debt held by millions of current and former college students in the country. $1.5 Trillion dollars.
A new report from The Roosevelt Institute notices some problems beyond the dollar figure: more education does not mean more earning power, student debt is a huge individual as well as collective burden, and the burden falls more heavily on people of color.
Julie Margetta Morgan is a fellow at Roosevelt; she is our guest, laying out the report's findings.