Trouble in the House of Mouse
Slate Money
00:00
The Importance of Income-Based Repayment Plans
The people who object to student loan forgiveness skew a lot older. The total amount that they owe now is higher than what the principal was that they originally borrowed. Even with income-based repayment systems, you can end up in a situation where your monthly payment is sustainable for you but you're still not really paying the loan down.
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