
Student Debt Is Rising
Student debt rose to nearly $1.5 trillion in 2018.
https://www.pgpf.org/chart-archive/0266_student_debt_is_rising
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Student debt rose to nearly $1.5 trillion in 2018.
https://www.pgpf.org/chart-archive/0266_student_debt_is_rising
Tax breaks totaled nearly $1.5 trillion in 2018. To put that in perspective, that’s more than the government spends on Social Security, Medicare, or defense.
https://www.pgpf.org/blog/2019/04/Six-of-the-Largest-Tax-Breaks-Explained
Six popular tax provisions accounted for a large majority of annual tax expenditures for individuals.
https://www.pgpf.org/chart-archive/0009_largest-tax-expenditures
The homeownership rate for young adult households has declined
https://www.pgpf.org/chart-archive/0227_young_adult_home_own
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.
https://www.pgpf.org/chart-archive/0268_rosy_economic_assumptions
The U.S. personal saving rate has fallen sharply over the past 40 years and remains low.
The U.S. national saving rate has declined significantly since the mid-1960s.
The federal government collects revenue from a variety of sources.