
I have to give a presentation on subsidized college loans and this is the only thing missing. i cant find the info anywhere. someone help.

I have to give a presentation on subsidized college loans and this is the only thing missing. i cant find the info anywhere. someone help.

Conservatives tout that the US inhabitant debt is an emerging crisis that will soon bankrupt the United States. What they don’t say is that a small less than half is intragovernmental debt. That is, money the US government owes itself. After WWII the US owed 120% of its GDP in public debt. At this time it only owes about 84% and that map includes the money the government owes itself. Public debt, what money the govermenet owes others, is about 60% of GDP or half the GDP to debt ratio after WWII.
Why do conservatives try to scare people about a problem that does not exist?

And before you try to argue that loans don’t count as contributions, please remember that while you were in school, the government was paying interest on your loans using taxpayer money.
Oops–apparently you didn’t read my question in its entirety, did you.
Despite a decade of economic growth, borrowing has rocketed under Gordon Auburn. We can’t go on like this, or all of us will be bankrupt. Visit www.conservatives.com to find out more.