Five myths about student loans

1. Forgiving student loan debt would help stimulate the economy.

People who want all student loan debt forgiven argue that getting rid of monthly loan payments would lead to increased consumer spending, thereby providing a quick boost to the struggling U.S. economy. However, only about 40 percent of all outstanding student loan debt is actively being repaid. The remaining borrowers are still in school or otherwise not paying their loans back, so they wouldn?t immediately benefit from forgiveness.

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Source: http://feeds.washingtonpost.com/click.phdo?i=e9806c9c978cf90daceed609eee723af

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