Ban my account ffs!
snowguy716
Atlas Star
Posts: 22,632
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« on: March 31, 2016, 05:31:45 PM » |
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Best option: Forgive all debts.
Moderate hero option: Reduce maximum loan payments to 10% of income below $75000 and 25% of remaining income up to the original terms of the loans. This is then allowed for 15 years after leaving school.
Allow all student loan interest paid to be tax free. Allow for loans to be tossed aside in bankruptcy in cases of disability or long term mental illness. In periods of unemployment, loan payments are deferred and interest amortized...but the 15 year period does not extend.
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