The Trump administration identified student loan debt and low birthrates as the largest risks to the U.S. economy in a new analysis released on Monday.
“Student loan debt has reached almost 1.6 trillion, doubling from 800 billion in 2010,” the Office of Management and Budget said in the analysis, a follow-up to last week’s budget proposal. “The price of tuition, school fees and childcare has risen 34 percent since 2010, compared with just 16 percent for all items, making the cost of raising children unaffordable for many and potentially contributing to a falling birthrate.”
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