Stat of the Day: Don’t-Lend-College-Students-Money Edition

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Here’s a fun tidbit fact-checker extraordinaire Aaron Ross dug up when we were shipping my Assignment: Ohio feature for the November/December issue. With the help of student-aid guru Mark Kantrowitz, Aaron was verifying that the majority of the student loans taken out in the United States haven’t yet been paid back. Just how much in outstanding loans are we talking?

Of the nearly $1.5 trillion in loans that US students have ever taken out on record, about $900 billion of it hasn’t been repaid. Yes, there are, according to the best estimate available, around some 60 million Americans walking around with student-loan balances. No, the numbers aren’t really so staggering because grads are slackers who never pay their debts; a third of all student loan debt was incurred in the last four years. So the national outstanding-loan debt is growing fast. Too bad for all us suckers who took out all that aid that the same cannot be said of the job market.

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REAL QUICK, REAL URGENT

Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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