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by adventured
4184 days ago
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Little question it's removing growth from the economy. The US Government is printing immense profits from the student loan racket presently. $600 billion in new debt has been added to the government's pool of that in just the last six years. That $600 billion just for those six years alone, will probably end up costing over a trillion dollars with interest. That's capital no longer available for production or consumption. |
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