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Since early 2010, total student loan debt has consistently outpaced other non-mortgage household debt.
Student debt rose to nearly $1.5 trillion in 2018.
General revenue — not the Medicare payroll tax — is now the largest source of Medicare’s financing.
The latest trustees reports make clear that Social Security and Medicare beneficiaries face substantial cuts in the near future unless policymakers take action to make these vital programs solvent.
The fairness of our federal tax system is a hotly debated issue. Too often, however, those debates confuse or misrepresent important facts because they focus on one type of tax in isolation rather than the various taxes that people face in aggregate.
The homeownership rate for young adult households has declined
Debt levels have risen in many sectors of the economy.
8 million people — roughly the population of Massachusetts — have student debt greater than $50,000.
The Administration uses rosy economic assumptions.