Whether forgiveness plans are realistic or not remains to be seen, but one thing is for certain—'total' student loan forgiveness plans are mostly a bad idea
Share to linkedin
Whether forgiveness plans are realistic or not remains to be seen, but one thing is for certain — these"total" student loan forgiveness plans are mostly a bad idea. Plus, true forgiveness in Warren’s world is only granted to those who strive not to climb the corporate ladder or work toward a career that puts them in the top 5% of earners in the U.S. The Massachusetts Senator, which you can read to find out that every household with an income under $100,000 would have up to $50,000 in student loan debt forgiven.
Finally, households who earn more than $250,000 will have no loans forgiven. You know — households with doctors, lawyers, and top-level managers who may have spent a decade in school to earn advanced degrees. Or entrepreneurs who risked everything to build successful businesses from scratch.
“Politically, they are not feasible,” he said. “One reason why is because student loan forgiveness can be a hot button issue for many.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Its OK to have a total mom meltdown - Today's ParentThere's no shame in having a mom meltdown—it happens to all of us at some point. (And yes, your kids will get over it, I promise.)
Read more »
17 Light and Airy Pants That Will Make Traveling in the Summer Heat a Total BreezeTrade in your jeans for these comfy pairs! hm loft louandgrey
Read more »
Ariana Grande Donates Proceeds Of Her Atlanta Concert To Planned ParenthoodThe Planned Parenthood president tweeted that she was 'so grateful' for the singer's generosity.
Read more »
Ashanti Shows Off Bikini Bod in Florida Keys Photo ShootAshanti looked like a total dime during her photo shoot in the Florida Keys.
Read more »
Weed revenue in Colorado tops $1 billionSince Colorado legalized weed in 2014, total sales have exceeded $6.56 billion, according to the state's department of revenue.
Read more »
Target is doubling down on same-day shipping as Walmart and Amazon spar over one-day deliveryThe retailer announced that a total of 65,000 items will be available for same-day delivery on Target.com.
Read more »