Below you'll find a list of all posts that have been tagged as “student loan forgiveness”
Earlier this year, Elizabeth Warren made headlines by announcing a plan to forgive student debt for most borrowers, up to $50,000. The plan earned praise from many on the left and criticism from many on the right. Bernie Sanders entered the discussion by making a large student debt forgiveness proposal …
The hot political debate right now is whether or not student loan forgiveness for all borrowers is a good idea. Presidential candidates Elizabeth Warren and Bernie Sanders both have released plans for forgiveness and it appears the issue will be a factor in the 2020 election. I’m of the opinion …
Now that Bernie Sanders and Elizabeth Warren have both proposed massive student loan forgiveness, it introduces a complicated situation for borrowers. Traditionally, paying off student loans aggressively — often utilizing student loan refinancing — was the most efficient way to pay off debt. This path might make less sense now …
Getting federal student loans forgiven seems like a dream come true. In as little as 10 years, federal debt is eliminated and a huge financial burden is lifted. The reality is that securing loan forgiveness can be a long a difficult process. While this form of debt elimination can certainly …
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 …
Student loan forgiveness, especially Public Service Loan Forgiveness, is a really sweet deal. Borrowers are required to work for the government or a non-profit for 10 years. During that time, they pay a small portion of their monthly income towards the loans. At the end, all federal loans — no …
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 …
Editor’s Note: This article discusses the viability of plans to wipe out all student debt in the United States. For details on existing programs, be sure to check out our page on student loan forgiveness programs. For years, the idea of forgiving all student debt has functioned more as a …
Making exact predictions about the future of student loans is impossible. There is no way to determine the precise changes that will be made or when they will happen. However, it is certainly possible to make some educated predictions about what the future holds. The history of student loan legislation …
Student Loan Forgiveness Programs are a primary reason that federal student loans are the best student loans. Even though qualifying for loan forgiveness can be complicated, the potential savings make it worth the effort. Borrowers looking to have their student loans forgiven should be focused on two goals: 1) Getting …
