Democratic presidential candidates New York City Mayor Bill De Blasio (L-R), Rep. Tim Ryan (D-OH), former housing secretary Julian Castro, Sen. Cory Booker (D-NJ), Sen. Elizabeth Warren (D-MA), former Texas congressman Beto O’Rourke and Sen. Amy Klobuchar (D-MN) take part in the first night of the Democratic presidential debate on June 26, 2019 in Miami, Florida.
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Democratic presidential hopeful Bernie Sanders has proposed wiping out all $1.6 trillion of outstanding student loan debt in the U.S., while rival Elizabeth Warren has called for canceling $640 billion of the debt.
Voters in blue states stand to have more debt forgiven under these plans than those in red states, according to an analysis by CNBC.
For example, the average student loan borrower in Maryland owes close to $40,000, compared with around $26,000 in North Dakota.
The data make sense considering blue states have “expensive colleges and workforces that are high skilled and highly credentialed,”…