I know my State joined the lawsuit against SAVE stating their reason because of reduced tax revenue. This makes no sense because once I start having to pay a much higher amount for my student loans it will also include a significant amount of reduced consumer spending which means a significant reduction in state sales tax I am paying for at least a decade.
What other things happen when a large portion of their citizens have reduced their spending beyond a reduction in state sales tax being collected?
Some states going against Save because of reduced tax revenue doesn't make sense.
byu/Crusader-of-Purple inStudentLoans
Posted by Crusader-of-Purple