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What industry? Most of the debt is to the federal government. Many loans used to be offered by banks but guaranteed by the government but in 2010 those were eliminated, making the Department of Education the sole issuer. The government already takes a number of steps to ease the burden and it could do more, offering more subsidies and/or opportunities for loan forgiveness.

https://en.wikipedia.org/wiki/Student_loans_in_the_United_St...




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