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https://www.washington.edu/uwra/2019/12/13/student-debt-crisis-and-possible-solutions/
Dec 13, 2019 · The population’s student loan balance would be reduced to zero—a radical solution to the student debt crisis, but one that deserves serious attention, given the radical scope of the problem. Economists believe that student debt cancellation would be modestly stimulative to the macroeconomy, increasing annual GDP by $86 to 108 billion per year.
https://studentaid.gov/articles/student-loan-forgiveness/
1. Teacher Loan Forgiveness. If you teach full-time for five complete and consecutive academic years in certain elementary or secondary schools or educational service agencies that serve low-income families, and meet other qualifications, you may be eligible for forgiveness of up to a combined total of $17,500 on eligible federal student loans.
https://www.aecf.org/blog/solutions-to-the-student-debt-crisis-in-a-time-of-economic-distress
Apr 20, 2020 · Student loans are one of the highest sources of debt for Americans — second only to mortgages, according to Making the Case. Across the country, more than 40 million people collectively carry over $1.5 trillion in student loan debt, the publication reports.
https://www.oakwoodaccess.com/article/solutions-managing-student-loan-debt
Managing student loan debt has become one of the biggest financial planning challenges for many. In the U.S., student loan debt rose to $1.51 trillion last year, according to the Federal Reserve Bank of New York. So, if you or family members are dealing with the burden of budgeting every month for a student loan, you're not alone.
https://www.foxbusiness.com/personal-finance/schumer-renews-calls-biden-cancel-student-loan-debt
2 days ago · Powered and implemented by FactSet Digital Solutions. ... the president has canceled about $10 billion in student loan debt, ... 2 hours ago. Today's 30-year mortgage rates climb to 3% for first ...
https://www.nerdwallet.com/article/loans/student-loans/what-would-it-take-to-solve-the-student-debt-crisis
Jun 01, 2021 · The $1.7 trillion student loan debt crisis will require multiple solutions including streamlined repayment, free tuition programs and Pell Grant expansion.
https://studentloansresolved.com/2020/10/27/student-loan-solutions-get-rid-of-your-federal-debt/
Jun 16, 2021 · Updated: June 16th, 2021. Students with federal loans have access to excellent opportunities to get rid of the debt. Forgiveness and discharge programs, repayment plans, and consolidation possibilities are among the most preferred student loan solutions. In general, forgiveness and discharge options help borrowers to eliminate the debt fully or ...Estimated Reading Time: 8 mins
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