Fox10Phoenix: Student loan forgiveness: How it might unfold and who might benefit
By Craig Patrick TAMPA, Fla. – Forty-five million borrowers are carrying around $1.7-trillion in student loan debt. That’s why people like Alan Collinge, who leads a grassroots campaign called Student Loan Justice, say canceling that debt would be a major boost to the economy. “Younger people aren’t able to start families, they’re not able to start businesses, and do all the things normal things people do in the course of their lives,” he explained. Democratic leaders in Congress are responding with plans to erase up to $50,000 in student debt per borrow. It’s part of their ...