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re: Elizabeth Warren's Answer For Student Loan Debt - Tax Rich People

Posted on 8/25/14 at 7:14 am to
Posted by cjared036
Houston, tx
Member since Dec 2009
9569 posts
Posted on 8/25/14 at 7:14 am to
They are not trying to get forgiveness. They are trying to allow students/individuals be able to refinance the student loans at a lower rate. To allow the private and public loans be refinanced together.

The lower rate, and the interest deduction that I believe should be available, is just a form of relief to improve the situation. To improve the situation for the borrower and for the system that the government has no choice but to prop up.
This post was edited on 8/25/14 at 7:18 am
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124614 posts
Posted on 8/25/14 at 7:48 am to
quote:

They are not trying to get forgiveness.
Perhaps that is where you are confused?

The Obama Student Loan Forgiveness Plan is in effect now. Obama has intimated, with pen and phone in hand, he's willing to extend forgiveness parameters.

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