‘US Student Loans Cost the Government over $60B More to Service Than They Bring in a Year’
Ongoing discourse about student loan repayment included a tweet claiming American student loans cost more to service than they yield in payments each year.
50000 student debt cancellation
Would $50,000 of Student Debt Forgiveness Be a ‘Massive Tax Increase’ for Americans?
Sen. Chuck Schumer called on President-Elect Joe Biden to cancel student debt in January 2021, prompting claims that the plan represented “a massive tax increase” for Americans.