Canceling Student Loan Debt Will Barely Boost the Economy, but a Targeted Approach Could Help Certain Groups
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The amount of student debt outstanding varies greatly based on the type of degree pursued. The average bachelor's degree debt is under $29,000 while the average dental school debt is more than 10 times higher at over $290,000. Some argue that any boost to the economy from student loan forgiveness would be small compared to the cost to taxpayers.
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Company Intel
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