Home » Report: After 6 Years Of Measly ‘Payments,’ Most Student Loan Borrowers Owe More Than When They Started

Report: After 6 Years Of Measly ‘Payments,’ Most Student Loan Borrowers Owe More Than When They Started

It’s long past time for taxpayers to stop subsidizing woke indoctrination that doesn’t make students smarter — or richer.

The old aphorism calls a picture worth 1,000 words. But in at least one case, a series of pictures can be worth more than $1 trillion.

A recent report from the Congressional Budget Office (CBO) provides helpful charts showing the many problems associated with the current federally subsidized loan program. As with many crises caused by government, the problem with student debt has many causes, and Democrats’ proposed “solution” — making all taxpayers responsible via massive “loan forgiveness” — would only make the problem worse.