Most Total Student Loan Forgiveness Plans Are A Bad Idea


It’s no secret that student loan debt has grown out of control, and that there’s no end in sight to this $1.5 trillion problem. After all, a Forbes analysis from this year showed that the average college graduate from the Class of 2017 left school with $28,650 in unpaid federal and private student loans. More than 44 million borrowers also owe their share, with more than 1.3 million owing six figures or more on their loans.