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An easier way to deliver relief to education loan borrowers

An easier way to deliver relief to education loan borrowers

For graduate school, at private colleges, or to finance living expenses while enrolled as I wrote last week, Senator Warren’s proposal to write off student debt and offer free public college is expensive, regressive, and leaves many open questions about what will replace student loans for the millions of students that use them.

Adam Looney

Joseph A. Pechman Senior Fellow – Financial Studies, Urban-Brookings Tax Policy Center

I will be sympathetic to today’s learning pupil loan borrowers—indeed, I’m outraged on the situation. It really is an outrage that the authorities offers loans to students at low-quality institutions even though we understand those schools don’t enhance their profits and that those borrowers won’t be capable repay their loans. Continue reading An easier way to deliver relief to education loan borrowers