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What would it take to solve the student debt crisis?


What would it take to solve the student debt crisis?
ANNA HELHOSKI of NerdWallet
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The possibility of federal student loan forgiveness grabs all the headlines. But experts say no single policy not even wiping the slate clean for millions of borrowers solves the root causes of the nation’s $1.74 trillion student loan debt crisis.
That debt has been fueled by decades of wages not keeping up with the rising cost of college. And unless wages increase and college costs decrease, students will still need to take on debt to complete degrees, and they’ll face greater difficulty repaying loans. ....

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What would it take to solve the student debt crisis? | iNFOnews | Thompson-Okanagan's News Source


Anna Helhoski Of Nerdwallet
FILE - In this May 17, 2018, file photo, new graduates line up before the start of the Bergen Community College commencement at MetLife Stadium in East Rutherford, N.J. There’s no single policy or action that will alleviate America’s $1.74 trillion student loan debt crisis while simultaneously preventing students from taking on unaffordable amounts of future debt. Higher education financing experts are divided on the exact combination of solutions, but all agree it will require a multipronged approach. (AP Photo/Seth Wenig, File)
May 26, 2021 - 10:35 AM
The possibility of federal student loan forgiveness grabs all the headlines. But experts say no single policy — not even wiping the slate clean for millions of borrowers — solves the root causes of the nation’s $1.74 trillion student loan debt crisis. ....

United States , Seth Frotman , Anna Helhoski , Beth Akers , Joe Biden , Carlo Salerno , Democrats In Congress , Public Service Loan Forgiveness , Institute For College Access , Associated Press , Institute Of Student Loan Advisors , American Enterprise Institute , Student Borrower Protection Center , Helhoski Of Nerdwallet , College Access , Service Loan Forgiveness , Betsy Mayotte , Student Loan , New America , President Joe Biden , Pell Grant , Pell Grants , ஒன்றுபட்டது மாநிலங்களில் , ஓஹோ பிடென் , கார்லோ ஸலர்நொ , ஜனநாயகவாதிகள் இல் காங்கிரஸ் ,