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$10,000. senator rick scott says if dems want solutions here is one. stop wasting taxpayer dollars and start holding institutions accountable for student outcomes. former trump senior counselor kellyanne conway with this. it also is a complete farce that they already passed something misnamed as the inflation reduction act and turn around and going to make inflation worse. we are making things more expensive because they continue to spend money that we don t have on things that we don t need. let s dig into the real cost of this bail-out. according to a budget model a one-time cancellation of $10,000 per borrower would cost $300 billion. but if the white house it wipes out $50,000 per borrower that price tag jumps to $980 billion. sometimes the numbers get so big it is hard to keep track and hard to really get a grasp of just how massive this sort of pay out is. it is massive. the bit by bit number is $10,000 for each person with student loan debt outstanding th ....
Sometimes the numbers get so big it is hard to keep track and hard to really get a grasp of just how massive this sort of pay out is. it is massive. the bit by bit number is $10,000 for each person with student loan debt outstanding that makes up to $125,000 a year or a couple making up to $250,000 a year. that covers 60%, the top 60% of income earners in this country. if the president announces this later on today the cancellation of 10k and four-month pause extension on the pause of the repayments progressives are saying, $10,000? wait, we want 50,000 and moderates are saying that s just not fair. do you worry from your side of the aisle that there will be people that say i paid off my loans, or people that don t go to college saying why do i forgive this? ....