https://www.wsj.com/articles/more-than-40-of-student-borrowers-arent-making-payments-1459971348 https://www.wsj.com/articles/more-than-40-of-student-borrowe...

https://www.wsj.com/articles/more-than-40-of-student-borrowers-arent-making-payments-1459971348 https://www.wsj.com/articles/more-than-40-of-student-borrowe... So $200 billion. Assuming this doesn't double or triple when you announce the rule changes, that's 6% extra taxes to pay, per year. Realistically, you'd expect this to double in the beginning, then rapidly taper off. So that would mean 10% extra in income and payroll taxes (and 10% higher corp tax, and all imported goods 10% rise in price), then dropping to, say, a 3% rate that lasts indefinitely. I'm pretty sure people are in universal agreement that this is too high a cost.