Empathy and the Case for Student Loan Forgiveness
As borrowers, we need to do a better job making the case for student loan forgiveness. We need to earn the empathy of our fellow Americans.
As borrowers, we need to do a better job making the case for student loan forgiveness. We need to earn the empathy of our fellow Americans.
Getting the full value of federal student loan forgiveness programs requires more than just paying the minimum to maximize forgiveness.
Balancing private student loans and qualifying for Public Service Loan Forgiveness (PSLF) isn’t easy.
The wait for Income-Driven Student Loan Forgiveness takes decades. In some cases waiting for debt forgiveness is the more expensive strategy.
Student loan forgiveness is a great way to erase debt, but it isn’t always the best decision for all borrowers.
Forgiving student loans for all Americans would be a huge boost to borrowers and the economy, but many negative consequences are also possible.
A gap in repayment may delay student loan forgiveness, but borrowers usually don’t have to start over.
Forbearance and deferments don’t usually count towards student loan forgiveness, but the Covid-19 payment pause is an exception.
You don’t have to work for the government or a non-profit to get student loan forgiveness. Options exist for private sector employees too.