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The race for the 2020 presidential election continues to heat up. In the last month, one Democratic contender, Rep. Eric Swalwell of California, dropped out of the race, while several others continued to add to their education platforms. Sen. Bernie Sanders (I-VT) proposed cancelling all $1.6 trillion in outstanding student loan debt, paid for through a tax on Wall Street. Pete Buttigieg, mayor of South Bend, IN, this month released a proposal to increase the number of service opportunities for students. The proposal would offer "consideration for public service student debt forgiveness, vocational training, and hiring preference for service fellows." Catch up on all the latest and review updates for other candidates with NASFAA's 2020 Presidential Cheat Sheet.

The Department of Education (ED) released new data Wednesday that showed that one year after graduating from bachelor’s degree programs, 67% of students in the 2015-16 cohort were employed only, 12% were employed and enrolled, 6% were enrolled only, 9% percent were out of the workforce, and 6% were unemployed. The data also found that the median annual income was $41,600 for males in this cohort, and $37,400 for females. With regard to borrowing, the data found that 85% of these students took out an average of $43,600 in loans to enroll at private, for-profit institutions. Additionally, 69% borrowed an average of $32,500 to attend private, nonprofit institutions, and 65% borrowed an average of $27,900 to enroll at public institutions.

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