givesomefucks , 7 months ago

What’s insane is this is barely a drop in the bucket…

There’s over 1,770 billion in student loans debt.

When people say 1.77 trillion, it might not be immediate how little a few billion is to the larger issue.

But it’s only around 0.2% of total debt. Probably less because the 1.77 trillion is rounded, and at this scale that’s what 5 billion is. A rounding error they don’t even include that digit when talking about the total amount.