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Student debt loans aggregate out to about $1 trillion. So, yes, that is a lot, but is not REALLY BIG vs. our other debts.
Still, as you guys remarked above, another domino... Any of which could be the one that brings things crashing down.
I do seriously question how we can all make stuff and export our way out of the hole weve collectively dug.
This can only work for a few as long as the many can find a way to pay.
Even amazing new ideas, materials and products need a steady supply of customers.
The whole world economic system is broken and a new model is urgently needed.
Student loans are why it costs so much to go to college. way too much artificial demand
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