Forgiving student loans wouldn't boost the economy | Opinion
Forgiving student loans wouldn’t boost the economy | Opinion Updated Dec 13, 2020; By Michael A. MacDowell The call for forgiving student debt was heard often during the last presidential campaign. Both Sens. Bernie Sanders and Elizabeth Warren called for partial or total forgiveness of the $1.6 billion in student loans. About 8% of those loans are carried by students’ parents. Now that the election is over, Sen. Chuck Schumer is pressing President-elect Joe Biden to move aggressively on a plan to forgive up to $50,000 in federal student-loan debt for every graduate. While the total outs...
Source: lehighvalleylive.com