Student loans are ~45 percent of the total Federal financial assets. That’s 9.8 times larger than the mortgages outstanding and 2.8 times the size of taxes receivable.
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Replying to @AustenAllred
That is because the federal government doesn't have many financial assets...up through 2005 it only had roughly $600 Billion in total financial assets. Student loans are a significant issue, but this is probably not a relevant way of discussing it.
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Replying to @kirkbyers
Except that there’s no way in hell the government will just forgive the debt
6:44 PM - 11 Jul 2018
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