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U.S. war in Iran has cost $25B so far, says Pentagon official

reuters.com

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Re: U.S. war in Iran has cost $25B so far, says Pentagon official

#13
post #4

Does anyone have the number that would have been required to pay off all student loans that SCOTUS blocked?

> ...cancel about $430 billion in debt principal and affect nearly all borrowers...

https://www.supremecourt.gov/opinions/22pdf/22-506_nmip.pdf

Re: U.S. war in Iran has cost $25B so far, says Pentagon official

#18
post #4

Does anyone have the number that would have been required to pay off all student loans that SCOTUS blocked?

I’d be okay with them forgiving student loans so long as they also pay me back for what I paid back.

I think the best course is to allow students to default on their loans. With backed loans Unis know they’ll get their money one way or the other and keep ballooning their admin costs.

Re: U.S. war in Iran has cost $25B so far, says Pentagon official

#19
post #4

Does anyone have the number that would have been required to pay off all student loans that SCOTUS blocked?

One time $10k per borrower forgiveness was estimated to cost $300 to $330 billion.

Of course this cost would be distributed over time, and the economic benefits of putting substantial spending money in the pockets of younger adults would have the potential to significantly offset or exceed these costs.

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