0 Speaker List

News

Why student loan forgiveness should target the graduates who need it most

The Honorable Sheila C. Bair
 

By Sheila Bair (original source Yahoo Finance)

“Massive student debt forgiveness — a centerpiece of the campaigns of both Elizabeth Warren and Bernie Sanders — has gone bipartisan. And no wonder. With 43 million people holding student debt and pretty much everyone in the country knowing someone who is struggling with it, the issue has powerful political appeal.

The bidding opened with Warren’s proposal last spring to forgive up to $50,000 of federal debt for borrowers making less than $100,000 annually, gradually phasing out for borrowers making more than $250,000 per year. She was one-upped very quickly by Bernie Sanders’s proposal to forgive all federal student debt — about $1.4 trillion.

Now comes Republican A. Wayne Johnson, a former senior Trump education official harboring designs on the open Senate seat in Georgia, one-upping the Democrats. He proposes to forgive up to $50,000 of debt and provide tax credits up to that amount for borrowers who have already repaid their student loans. Going forward, he would scrap student loans completely in favor of $50,000 grants per student to cover higher education costs.”

Click here to see more
Source
‹ Back
Footer Site Logo

WWSG Headquarters
99 Canal Center Plaza, Ste. 100
Alexandria, VA 22314

Find a speaker that’s right for you.

Talk to Sales

Want to work for WWSG?

Join the Team Today

Copyright @ 2020 WorldWide Speakers Group. All Right Reserved | Privacy Notice

Get A Quote For: