Ohio HCR46 urges Congress to end support for federal student loans, citing high debt levels and affordability concerns.
Ohio HCR46 highlights the significant burden of federal student loans, with a total debt of $1.814 trillion and an average public university student borrowing $31,960 for a bachelor's degree. The resolution argues that federal support for these loans increases tuition costs and that many well-paying jobs do not require a college degree. It encourages Congress to end federal student loan support, reflecting a belief that government should not provide higher education loans in a free-market economy.
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