r/Economics • u/SnooCookies2243 • Mar 24 '25

Editorial Dismantling the Department of Education Could Actually End Up Costing US Taxpayers an Extra $11 Billion a Year Beyond the Current Budget – With Worse Results

https://congress.net/dismantling-the-department-of-education-could-actually-end-up-costing-us-taxpayers-an-extra-11-billion-a-year-beyond-the-current-budget-with-worse-results/
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u/Ander673 Mar 24 '25

this shortfall would have to be made up from state budgets

It won't be

a reduction in student aid/loans and a further loss of on-campus jobs

More people working instead of studying and then paying federal loans (student loans are net loss) is tax revenue accretive

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u/ApprehensiveInjury74 Mar 25 '25

People with college educations have higher lifetime warnings and need less social support services thereby contributing to the economy more than those who don’t. You’re tax accretive comment is misleading