How Trump's Student Loan Strategies Could Stifle Economic Growth
Black Owned Newspapers And Blogsby Toter 14 hours ago 41 Views 0 comments
President Trump is initiating wage garnishment for student loan defaulters, coinciding with his administration's detrimental tariff policies that destabilize the economy. The Department of Education plans to reclaim funds by withholding wages and tax refunds. This unwarranted policy against financially distressed individuals could exacerbate their hardships amid rising inflation, impacting future credit opportunities. Over 43 million Americans face student debt, with many struggling daily. Effective policy-making should prioritize empathy, addressing real financial struggles rather than burdening the most vulnerable in society.
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