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Good morning, good afternoon, Good evening, wherever you are.

And welcome to the politics guys with your host, Jay Carson and Michael Baranowski.

Welcome to the politics guys. I'm Michael Baranowski, a political scientist at Northern Kentucky University.

My co-host this week, as always, is Cleveland area attorney and sometime Republican strategist, Jay Carson.

Here's our question for this week, Jay.

All right.

Dear politics, guys, what can government do to deal with the student loan debt crisis in the United States?

Okay, so pretty straightforward, simple question.

Now, before we get to that, let me kind of give everyone some basic information on student loan debt in the United States.

Right now, we're at around $1.3 trillion, that's trillion with a T, in student loan debt overall. Big number, right? Now, that's actually the third

largest overall source of consumer debt in the United States. Now, number one, I think is pretty

obvious. Everyone can guess what that is, Jay? Is it, are we saying homes? Homes, exactly. Homes

are 8.12 trillion.

So homes are far and away, the biggest one.

Then you have student loan debt. But I'll put a qualification on homes, and that is that you're building equity and you have equity and the debtor is secured.

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