Here's a figure: $1.3 trillion. That's the total amount of student loan debt in this country.
And here's another figure: 1 million. That's the number of people who have fallen behind on their student loan payments, just in the last year.
Last week, Massachusetts Sen. Warren pushed for an amendment to a budget bill that would allow students to refinance their federal loans and cut their interest rates from as high as 10 percent to less than 4 percent. To pay for her plan, millionaires would be required to pay at least a 30 percent federal tax rate. Senate Republicans blocked that amendment, but Warren is still making her case.
This segment aired on April 2, 2015.