United States

Bernie Sanders’ student loan bailout faces scrutiny

Don’t call him Crazy Bernie — at least in front of student-debt-laden college grads. Many of them are banking on Democratic presidential candidate Bernie Sanders to honor his pledge to abolish the nation’s $1.7 trillion in student debt by taxing Wall Street. Sanders, whose prospects as the Democratic nominee are fading, has a controversial bailout proposal that may be responsible for a big share of his support among the 45 million Americans with student loans, political analysts say. And regardless of the November election outcome, the Vermont senator has shifted the political goalposts: The student debt crisis is now a major campaign issue, front and center, these analysts add. On Friday, in a nod to the financial impact of th ...