According to John T. Harvey, rising student loans and debt create a drag on short-term economic activity and hinder long-term economic growth. Currently, total student debt exceeds 1 trillion. Graduates continue to graduate from college facing high costs and are entering a still poor job market. Many of these graduates will face unemployment or unemployment and will quickly fall into debt. This debt takes away the next generation's ability to create demand, resulting in job losses and a slowdown in economic growth. Without jobs, more and more people will fall into debt, creating a cycle that steadily deteriorates the economy. Finally, by denying many brilliant minds access to education, innovations intended to increase economic activity and improve quality of life never materialize. Rising tuition costs, which translate into student loans and debt, promise to strain our economy