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The Problem of Out of Control Tuition Inflations
More than half of the outstanding student loan balance is held by people who are in the top forty % of the income distribution. People with less than five thousand dollars in student debt are most likely to default on their student loans. That's because they don't have the benefit of a degree to go out into the labor market and have extra earnings to make that payment affordable. If we do this, things are about to get way worse. We're compounding the problems that we all see as corps problems to day. And that's why i think too no student loan can solution. We need a much more newon solution. Thank you very much.