For graduate school, at private colleges, or to finance living expenses while enrolled as I wrote last week, Senator Warren’s proposal to write off student debt and offer free public college is expensive, regressive, and leaves many open questions about what will replace student loans for the millions of students that use them.
Joseph A. Pechman Senior Fellow – Financial Studies, Urban-Brookings Tax Policy Center
I’m sympathetic to today’s learning pupil loan borrowers—indeed, I’m outraged on the situation. It really is an outrage that the government that is federal loans to students at low-quality organizations even if we realize those schools don’t enhance their profits and that those borrowers won’t be in a position to repay their loans. Continue reading “An easier way to supply relief to education loan borrowers”