3 Things You Didn’t Know about Student Loan Debt and (Potential) Debt Cancellation

Jeffrey Goodman
10 min readApr 14, 2022

There are 3 things we need to know about student loan debt and (potential) debt cancellation.

Although these facts don’t get discussed much in mainstream media in the U.S., they are necessary to really understand what is going on.

Data from “Average Student Loan Debt by Year” by Education Data Initiative. https://educationdata.org/average-student-loan-debt-by-year

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Before we get to that, though, let’s first make sure we’re on the same page with regard to the size of the student loan debt crisis in the U.S.

Is student loan debt really a big issue or not?

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Jeffrey Goodman
Jeffrey Goodman

Written by Jeffrey Goodman

Navigating facts and numbers to help people. Strong opinions on climate change and healthcare. Objective, not neutral. MIT engineer, Wharton MBA.