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Can we talk about student loans for a minute?

With the student loan payments set to pick back up in May, I thought it would be beneficial to have a conversation about the situation. The total amount of student loan debt in the US is about $1.7 TRILLION (source). For reference, the US GDP, or the amount of total goods and services produced, is about $23 trillion according to the Bureau of Economic Analysis (source). Ever hear the saying “If you owe the bank $50,000, you have a problem. If you owe the bank $50 million, the bank has a problem?” Well, the United States has a problem. If we all continue to not make payments, this could be the push needed to get the Biden administration to finally make some moves.


With the student loan payments set to pick back up in May, I thought it would be beneficial to have a conversation about the situation.

The total amount of student loan debt in the US is about $1.7 TRILLION (source).

For reference, the US GDP, or the amount of total goods and services produced, is about $23 trillion according to the Bureau of Economic Analysis (source).

Ever hear the saying “If you owe the bank $50,000, you have a problem. If you owe the bank $50 million, the bank has a problem?” Well, the United States has a problem.

If we all continue to not make payments, this could be the push needed to get the Biden administration to finally make some moves.

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