Student loan debt could be paid off to attract employees in California

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Los Angeles County is trying to help its employees pay back their student debt so they can buy homes and have kids, things that they have been putting off.

by an additional $227 million in this year's budget deal, allowing many more students to obtain financial support to fund their education.

These measures show California's determination to help its students shoulder the cost of higher education at a time when student loan debt forgiveness has generated a nationwide debate. In June, theThe total federal student debt has more than tripled in the last 15 years, rising from about $500 billion in 2017 to $1.6 trillion in 2023, according to the Congressional Budget Office .

 

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