Would axing a loan-forgiveness program narrow options for graduates?
Certainly, there was social purpose for the programs – i.e. encouraging students to work in lower paying public jobs with the carrot at the end of the stick of being debt free, says Aaron Gottlieb, a bankruptcy attorney with Godwin Bowman & Martinez in Dallas who has seen first hand the effects of student debt. Unfortunately, because these programs apply to federally-backed student loans only, an elimination of the program would help fund the proposed tax cuts in the Trump plan.
Read the entire article at The Christian Science Monitor.