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The student loan debt crisis is now up to $1.7 trillion. Many federal loan borrowers were temporarily relieved of repayments during the pandemic, but they’re set to resume Feb. 1.  (WTTW News)

The student loan debt crisis is now up to $1.7 trillion. Many federal loan borrowers were temporarily relieved of repayments during the pandemic, but they’re set to resume Feb. 1. And there’s no movement on canceling student debt.

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As of April 2020, more than $1.7 trillion in student loan debt is owed by Americans, a figure that grows six times faster than the U.S. economy. (WTTW News)

Americans owe more than $1.7 trillion in student loan debt. Now, President Joe Biden is facing new calls to cancel $50,000 or more of loan debt per student. But critics say it would put an undue burden on Americans who never went to college.