rolling the dice on student loan forgiveness

The Cost of Waiting for Elizabeth Warren to Forgive all Student Loans

Michael Lux News, Strategy, Student Loan Blog 0 Comments

Editor’s Note: This article was originally published May 29, 2019.  It has been updated to include new information and analysis on Warren’s student loan forgiveness proposal currently in the Senate. Now that Elizabeth Warren has proposed forgiving most student loan balances below $50,000, some borrowers are considering put a halt …

what happens if the federal government breaks the bank for student loan borrowers

Winners and Losers in Elizabeth Warren’s Student Loan Forgiveness Proposal

Michael Lux Student Loan Blog 0 Comments

Elizabeth Warren is proposing massive student loan forgiveness. Student loan borrowers who have household incomes of less than $100,000 would have their debt forgiven up to $50,000.  Households in the $100,000 to $250,000 range would have the amount forgiven gradually reduced as income went up, and those making over $250,000 …