$10,000. senator rick scott says if dems want solutions here is one. stop wasting taxpayer dollars and start holding institutions accountable for student outcomes. former trump senior counselor kellyanne conway with this. it also is a complete farce that they already passed something misnamed as the inflation reduction act and turn around and going to make inflation worse. we are making things more expensive because they continue to spend money that we don t have on things that we don t need. let s dig into the real cost of this bail-out. according to a budget model a one-time cancellation of $10,000 per borrower would cost $300 billion. but if the white house it wipes out $50,000 per borrower that price tag jumps to $980 billion. sometimes the numbers get so big it is hard to keep track and hard to really get a grasp of just how massive this sort of pay out is. it is massive. the bit by bit number is $10,000 for each person with student loan debt outstanding that mak
naacp. so the naacp is recognizing hey, this hurts the average black voter, the average american. the non-college graduate american who pays for the bill. what s the constituency? increasingly looks like some type of elite or aspirational elite college educated liberal voter who wants their relief. who wants their support from the government bureaucracy. it is hard to digest this. college costs real versus adjusted for inflation and you see these prices continually going higher. will, if you fall into the category in this country of somebody happy to have your debt waived and paid for by other americans, you will have to deal with this sooner or later whether it s your children or your grandchildren. what does this do to address those soaring costs? why aren t we talking about that? look at that chart.