Student Loan Forgiveness & Politicians: Episode 4
In This Episode:
A lot of headlines now days are about Presidential campaigns. One in general is Student Loan Forgiveness. This has been a popular topic because Bernie Sanders and Elizabeth Warren has promised it.
In this episode, I exam why this most likely won't happen and no, I'm not going to go through some mathematical examples. This episode breaks down the student loan market and why it already fits what Bernie Sanders and Elizabeth Warren are trying to implement.
One Correction: 18:00 minute mark...The correlation is those with a low amount of student loan debt tend to have a relatively lower car payment. Those with more student loan debt, specifically those on an IDR plan, tend to have higher car payments.
For those of you interested in customizing a plan instead of hoping and praying for forgiveness, check out our page dedicated to our student loan planning service (its free).