New generation of candidates saddled with student debt — and not afraid to talk about it

The San Jose Mercury News reports:

Andrew Janz has raised millions of dollars for his campaign as a Democrat running for Congress in the Central Valley. But the 34-year-old is used to big numbers: After working his way through undergraduate, graduate and law school, he owes about $300,000 in student debt — more than his mortgage.

Janz is part of a groundswell of younger politicians who are on the front lines of America’s student debt crisis. Seven congressional candidates running in California this year owe at least $10,000, according to a Bay Area News Group analysis of financial disclosures filed with the House ethics office. In addition, seven members of the state’s congressional delegation, all of whom were elected within the last six years, are still paying off thousands of dollars in student loans. Three others reported being in debt for their kids’ education.

That means roughly one out of every six Californians on the ballot for Congress in November owe student debt — together, they’re more than $1.1 million in the red.

You can't thank Keynesian economics for this story...