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Should We Forgive Student Debt?

Open to Debate

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Student Debt and Bankruptcy - What's Your Response to That?

Beth: The conversation here as matches the conversation that i see more broadly on this issue. You may even have heard that you can't even get rid of student debt and bankruptcy. But we already have in place a safety knot for borrowers that makes it so that if monthly payments are unaffordable, they can be lowered based on how much earning without penalty. If those monthly payments remain unaffordable for 20 years, a borrower then has their entire balance forgiven. Beth: What kind of sort of realistic, real world monthly payment are we talking about a person needing to make? Is it sort of bin the 75 dollar ae a month, or more in the 400 dollar arange a month?

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