{"id":61057,"date":"2022-01-12T04:30:44","date_gmt":"2022-01-12T09:30:44","guid":{"rendered":"https:\/\/world.edu\/?p=61057"},"modified":"2022-12-21T15:23:23","modified_gmt":"2022-12-21T20:23:23","slug":"who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions","status":"publish","type":"post","link":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/","title":{"rendered":"Who benefits from a break on federal student loan payments? An economist answers 3 questions"},"content":{"rendered":"
\"\"

Businesswoman juggling with dollar symbols on a cityscape background. Currency real estate concept<\/p><\/div>\n

Economist William Chittenden illuminates who benefits and who pays when borrowers get a break on paying back their federal student loans.<\/em><\/p>\n

1. How helpful is this pause to individual borrowers?<\/h4>\n

It depends.\u00a018.1 million borrowers<\/a>\u00a0\u2013 out of\u00a043.4 million borrowers<\/a>\u00a0\u2013 were making federal student loan payments prior to the current loan pause.<\/p>\n

Now, these borrowers will continue to get a break on making payments until May 1, 2022. With an\u00a0average monthly payment of US$460<\/a>, the collective direct benefits to these\u00a018.1 million borrowers have been over $7.1 billion per month, or over $85 billion annually<\/a>, to save, pay down other debts or spend on goods and services.<\/p>\n

In contrast, the 25 million borrowers who weren\u2019t already making payments before the loan pause \u2013 those in college, recent graduates and those in default \u2013 do not immediately benefit, as they do not have extra money to spend.<\/p>\n

Although most borrowers are not directly benefiting from the payment pause since they were not making payments, the vast majority are benefiting from the suspension of interest accruing on their federal student loans.<\/p>\n

At an\u00a0average interest rate of 5.8%<\/a>\u00a0on all outstanding federal student loans, this saves all\u00a043.4 million borrowers<\/a>\u00a0a total of over $93 billion per year in interest, or an average of $179 per month.<\/p>\n

2. Would cancellation really help the economy?<\/strong><\/h4>\n

As an economist who\u00a0studies student loan debt<\/a>, I would argue that total federal student loan forgiveness would have a positive, but relatively modest, economic impact. Since most federal student loan borrowers have not been making payments since early 2020, most of any financial benefit is already reflected in the current level of gross domestic product. They are already spending the money that would have gone toward the payments on other things. The latest payment pause does not give them any additional money to immediately spend.<\/p>\n

If Biden were to restart student loan payments on May 1, that may lead to a drop in GDP, as the money for those payments could no longer be spent on other things, like food, clothing or leisure. However, preventing a drop in economic activity is not the same as growing the economy.<\/p>\n

In a\u00a0Dec. 8, 2021, letter<\/a>, three Democrats \u2013 Senators Elizabeth Warren of Massachusetts and Chuck Schumer of New York, and Rep. Ayanna Pressley of Massachusetts \u2013 asked Biden to cancel all federal student loan debt by executive order. The letter argued that canceling all\u00a0$1.6 trillion in federal student loan debt<\/a>\u00a0\u201chas the potential to add $173.83 billion \u2013 in 2020 dollars \u2013 to the nation\u2019s GDP in the first year after implementation.\u201d<\/p>\n

The\u00a0economic model<\/a>\u00a0used to estimate \u201cthe potential to add $173.83 billion\u201d to GDP cited in the letter is based, in part, on the unrealistic assumption that all student loan borrowers are currently making payments. Many student loan borrowers are currently in college and were not required to make payments prior to the payment pause. Forgiving their federal student loans would reduce the borrowers\u2019 debt, but since they were not making student loan payments, this would not result in any immediate increase in economic activity. Any increase in GDP would come years later when they would have been required to start making payments.<\/p>\n

For those who were making payments, loan forgiveness may result in some new spending, leading to some economic growth. However, some of the funds would likely be saved or used to pay down other debt. While both of these actions benefit the individual borrower, neither adds to GDP. While total student loan forgiveness may help prevent a decline in GDP, it is unlikely to lead to any significant economic growth in the near future.<\/p>\n

This analysis does not address the social costs of student loan debt,\u00a0like delaying marriage or having children<\/a>. Nor does it address what should be done regarding paying for college going forward.<\/p>\n

One\u00a0study<\/a>\u00a0concluded that total student loan forgiveness would increase GDP on \u201caverage between $86 billion and $108 billion per year.\u201d Another estimated total student loan forgiveness would result in\u00a0about $90 billion<\/a>\u00a0of cash available to spend each year. Although around $100 billion per year may seem like a significant amount, it is only 0.43% of the\u00a0$23.2 trillion<\/a>\u00a0in annual U.S. GDP. Even the higher estimate of $173.83 billion is only 0.75% of GDP.<\/p>\n

Although student loan forgiveness provides modest benefits to the U.S. economy, it is estimated the financial costs outweigh the benefits to the economy. One study estimates that every dollar of student loan forgiveness results in\u00a0only 8 to 23 cents of economic growth in the U.S. economy.<\/a>\u00a0Another\u00a0study<\/a>\u00a0estimated the growth in GDP over 10 years would be between $252 billion and $1 trillion, compared to the cost of $1.4 trillion of student loan forgiveness.<\/p>\n

3. Who pays for cancellation?<\/strong><\/h4>\n

Since federal student loans are made by\u00a0the U.S. government<\/a>, which is financed by U.S. taxpayers, U.S. taxpayers will ultimately bear the cost if those loans are canceled.<\/p>\n

Author Bio: <\/strong>William Chittenden is Presidential Fellow at Texas State University<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Economist William Chittenden illuminates who benefits and who pays when borrowers get a break on paying back their federal student loans. 1. How helpful is this pause to individual borrowers? It depends.\u00a018.1 million borrowers\u00a0\u2013 out of\u00a043.4 million borrowers\u00a0\u2013 were making federal student loan payments prior to the current loan pause. Now, these borrowers will continue […]\n… learn more→<\/a><\/p>","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29],"tags":[428856],"coauthors":[11733],"class_list":["post-61057","post","type-post","status-publish","format-standard","hentry","category-higher-education","tag-student-loan-payments"],"acf":[],"yoast_head":"\nWho benefits from a break on federal student loan payments? An economist answers 3 questions - World leading higher education information and services<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_US\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Who benefits from a break on federal student loan payments? An economist answers 3 questions - World leading higher education information and services\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Economist William Chittenden illuminates who benefits and who pays when borrowers get a break on paying back their federal student loans. 1. How helpful is this pause to individual borrowers? It depends.\u00a018.1 million borrowers\u00a0\u2013 out of\u00a043.4 million borrowers\u00a0\u2013 were making federal student loan payments prior to the current loan pause. Now, these borrowers will continue […]\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"World leading higher education information and services\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-12T09:30:44+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-21T20:23:23+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:image\" content=\"https:\/\/world.edu\/wp-content\/uploads\/2022\/01\/studentjuggledebt.jpeg\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"Kevin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kevin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/\"},\"author\":{\"name\":\"Kevin\",\"@id\":\"https:\\\/\\\/world.edu\\\/#\\\/schema\\\/person\\\/42c1c1d5ff7ffbdf0bd50ed94c6ae6ee\"},\"headline\":\"Who benefits from a break on federal student loan payments? An economist answers 3 questions\",\"datePublished\":\"2022-01-12T09:30:44+00:00\",\"dateModified\":\"2022-12-21T20:23:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/\"},\"wordCount\":840,\"image\":{\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/world.edu\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/studentjuggledebt.jpeg\",\"keywords\":[\"student loan payments\"],\"articleSection\":[\"Higher Education\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/\",\"url\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/\",\"name\":\"Who benefits from a break on federal student loan payments? An economist answers 3 questions - World leading higher education information and services\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/world.edu\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/world.edu\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/studentjuggledebt.jpeg\",\"datePublished\":\"2022-01-12T09:30:44+00:00\",\"dateModified\":\"2022-12-21T20:23:23+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/world.edu\\\/#\\\/schema\\\/person\\\/42c1c1d5ff7ffbdf0bd50ed94c6ae6ee\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/#primaryimage\",\"url\":\"https:\\\/\\\/world.edu\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/studentjuggledebt.jpeg\",\"contentUrl\":\"https:\\\/\\\/world.edu\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/studentjuggledebt.jpeg\",\"width\":680,\"height\":498},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/world.edu\\\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/world.edu\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Who benefits from a break on federal student loan payments? An economist answers 3 questions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/world.edu\\\/#website\",\"url\":\"https:\\\/\\\/world.edu\\\/\",\"name\":\"World leading higher education information and services\",\"description\":\"Global Higher Education Jobs, University jobs, Lecturer & tenure jobs.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/world.edu\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/world.edu\\\/#\\\/schema\\\/person\\\/42c1c1d5ff7ffbdf0bd50ed94c6ae6ee\",\"name\":\"Kevin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/1e8d491a5f9b9bf3db67c9e46abbba7bb06b26b458bd5025c55e0a4b9b60ea8a?s=96&d=mm&r=g8ba4c352a279c450aa9435d770c1ebf4\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/1e8d491a5f9b9bf3db67c9e46abbba7bb06b26b458bd5025c55e0a4b9b60ea8a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/1e8d491a5f9b9bf3db67c9e46abbba7bb06b26b458bd5025c55e0a4b9b60ea8a?s=96&d=mm&r=g\",\"caption\":\"Kevin\"},\"description\":\"Kevin is founder of the world.edu project. The past 28 years have been involved in publishing to the education sector in print and the internet. Kevin has a degree in Education and has a many years experience in developing companies and projects.\",\"sameAs\":[\"https:\\\/\\\/world.edu\"],\"url\":\"https:\\\/\\\/world.edu\\\/author\\\/kevin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Who benefits from a break on federal student loan payments? An economist answers 3 questions - World leading higher education information and services","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/","og_locale":"en_US","og_type":"article","og_title":"Who benefits from a break on federal student loan payments? An economist answers 3 questions - World leading higher education information and services","og_description":"Economist William Chittenden illuminates who benefits and who pays when borrowers get a break on paying back their federal student loans. 1. How helpful is this pause to individual borrowers? It depends.\u00a018.1 million borrowers\u00a0\u2013 out of\u00a043.4 million borrowers\u00a0\u2013 were making federal student loan payments prior to the current loan pause. Now, these borrowers will continue […]","og_url":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/","og_site_name":"World leading higher education information and services","article_published_time":"2022-01-12T09:30:44+00:00","article_modified_time":"2022-12-21T20:23:23+00:00","og_image":[{"url":"https:\/\/world.edu\/wp-content\/uploads\/2022\/01\/studentjuggledebt.jpeg","type":"","width":"","height":""}],"author":"Kevin","twitter_misc":{"Written by":"Kevin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/#article","isPartOf":{"@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/"},"author":{"name":"Kevin","@id":"https:\/\/world.edu\/#\/schema\/person\/42c1c1d5ff7ffbdf0bd50ed94c6ae6ee"},"headline":"Who benefits from a break on federal student loan payments? An economist answers 3 questions","datePublished":"2022-01-12T09:30:44+00:00","dateModified":"2022-12-21T20:23:23+00:00","mainEntityOfPage":{"@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/"},"wordCount":840,"image":{"@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/#primaryimage"},"thumbnailUrl":"https:\/\/world.edu\/wp-content\/uploads\/2022\/01\/studentjuggledebt.jpeg","keywords":["student loan payments"],"articleSection":["Higher Education"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/","url":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/","name":"Who benefits from a break on federal student loan payments? An economist answers 3 questions - World leading higher education information and services","isPartOf":{"@id":"https:\/\/world.edu\/#website"},"primaryImageOfPage":{"@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/#primaryimage"},"image":{"@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/#primaryimage"},"thumbnailUrl":"https:\/\/world.edu\/wp-content\/uploads\/2022\/01\/studentjuggledebt.jpeg","datePublished":"2022-01-12T09:30:44+00:00","dateModified":"2022-12-21T20:23:23+00:00","author":{"@id":"https:\/\/world.edu\/#\/schema\/person\/42c1c1d5ff7ffbdf0bd50ed94c6ae6ee"},"breadcrumb":{"@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/#primaryimage","url":"https:\/\/world.edu\/wp-content\/uploads\/2022\/01\/studentjuggledebt.jpeg","contentUrl":"https:\/\/world.edu\/wp-content\/uploads\/2022\/01\/studentjuggledebt.jpeg","width":680,"height":498},{"@type":"BreadcrumbList","@id":"https:\/\/world.edu\/who-benefits-from-a-break-on-federal-student-loan-payments-an-economist-answers-3-questions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/world.edu\/"},{"@type":"ListItem","position":2,"name":"Who benefits from a break on federal student loan payments? An economist answers 3 questions"}]},{"@type":"WebSite","@id":"https:\/\/world.edu\/#website","url":"https:\/\/world.edu\/","name":"World leading higher education information and services","description":"Global Higher Education Jobs, University jobs, Lecturer & tenure jobs.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/world.edu\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/world.edu\/#\/schema\/person\/42c1c1d5ff7ffbdf0bd50ed94c6ae6ee","name":"Kevin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/1e8d491a5f9b9bf3db67c9e46abbba7bb06b26b458bd5025c55e0a4b9b60ea8a?s=96&d=mm&r=g8ba4c352a279c450aa9435d770c1ebf4","url":"https:\/\/secure.gravatar.com\/avatar\/1e8d491a5f9b9bf3db67c9e46abbba7bb06b26b458bd5025c55e0a4b9b60ea8a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1e8d491a5f9b9bf3db67c9e46abbba7bb06b26b458bd5025c55e0a4b9b60ea8a?s=96&d=mm&r=g","caption":"Kevin"},"description":"Kevin is founder of the world.edu project. The past 28 years have been involved in publishing to the education sector in print and the internet. Kevin has a degree in Education and has a many years experience in developing companies and projects.","sameAs":["https:\/\/world.edu"],"url":"https:\/\/world.edu\/author\/kevin\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/posts\/61057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/comments?post=61057"}],"version-history":[{"count":4,"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/posts\/61057\/revisions"}],"predecessor-version":[{"id":66483,"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/posts\/61057\/revisions\/66483"}],"wp:attachment":[{"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/media?parent=61057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/categories?post=61057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/tags?post=61057"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/world.edu\/wp-json\/wp\/v2\/coauthors?post=61057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}