Cancelling most student loan debts in Wisconsin would cost about six-point-eight billion dollars, according to the U-S Department of Education. That figure is tied to those eligible to have up to ten-thousand dollars of their student debts forgiven, and there are more than 685-thousand people in Wisconsin that fall under that category. The costs will likely be much higher, though, because there are over 400 thousand people who qualify for the 20-thousand dollars in Pell Grant loan cancellations as well. That would cost an additional eight billion dollars.

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