U.S. Expected to Pay Billions More In Student Debt

Kirk Carapezza

When some students borrow money from the federal government to go to school, they sometimes quality for debt forgiveness after 10, 20 or 25 years. A report published on Wednesday from the Government Accountability Office shows that the amount of student loan debt the U.S. could have to forgive is more than $100 billion dollars — much higher than originally projected