All federally owned loans could be cancelled entirely, and the government would lose little or nothing.
The Government has Made, not Lost Money on Student Loans.
Tag: student loan cancellations
US Lawmakers Say Student Loan Forgiveness Will Hurt Military Recruiting
Nineteen members of the US House of Representatives have written a letter [PDF] to President Joe Biden and Secretary of Defense Lloyd Austin cautioning that the partial cancellation of student debts can have the unintended consequence of reducing military recruitment in the United States.
US Lawmakers Say Student Loan Forgiveness Will Hurt Military Recruiting