Student Loan Crisis Looms: Experts Warn of Impending Disaster
As the repayment on-ramp period comes to an end in October, experts are sounding the alarm about a potential student loan crisis. With millions of borrowers not paying their loans and the Biden administration's forgiveness plans facing legal challenges, policymakers must act to prevent a nonpayment crisis. Some suggest canceling debt outright, while others advocate for reforms to the repayment system.
Source: https://www.jamesgmartin.center/2024/08/the-imminent-student-loan-disaster-were-not-talking-about/