Trillions could be added into the economy with no new taxes, and nothing added to the national debt.
This is an interest suspension, not a payment suspension.
Distressed student loan borrowers should propel Bernie Sanders in the primaries and general election, but so far, they aren’t showing up at the polls.
Buttigieg’s plan is insulting to the 55 million voters who are suffering under this predatory lending system either as borrowers, or cosigners.
Republicans should be leading, not lagging on this issue, and Tucker is absolutely right in pointing out that this problem transcends partisanship.
The fact that the forgiveness programs are failing the overwhelming majority of borrowers trying for them isn’t a bug…it’s a feature!
A pledge from the candidates to attack the student debt problem by executive order is what is needed.
While the voters don’t want Biden to try to match or beat Sanders’ or Warren’s unrealistic cancellation promises, they do expect Biden to return a floor of fairness to these loans.
This is how Trump is taking credit for a decades-old student loan cancellation program.
Student Loan Justice Founder Alan Collinge’s call-to-action.
DeVos appears to be fighting viciously for big-government, rather than the borrowers.
— Conservative financial adviser Dave Ramsey seems to go out of his way to ridicule and denigrate student loan borrowers. Having looked very closely at this problem for many years, it is obvious to me that Mr. Ramsey is woefully uninformed about the uniquely vicious and predatory nature of these loans. He also, apparently, has…
Student Loan Justice Founder Alan Collinge rebuts Forbes’ claim.
— On January 11th, the Brookings Institution issued a report finding that the default rate for undergraduate, federal student loan borrowers nationwide will be about 38% by 2023, indicating a true, lifetime default rate of about 40% This is far, far higher than any lifetime default rate publicly acknowledged for federal student loan borrowers previously.…
The entire lending system may vanish into illegitimacy.
Our government has apparently found a way to get blood from a stone.