U.S. student loan borrowers as a group are paying down about 1% of their federal debt every year. It’s as if a former student were reducing the balance of a typical $30,000 college loan by only $300 annually. At that rate, it’s almost unthinkable how long it would take to repay the government: a century.
https://www.bloomberg.com/news/artic...-student-loans
https://www.bloomberg.com/news/artic...-student-loans
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