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U.S. Expected To Forgive At Least $108 Billion In Student Debt
6 monthes ago - By NPR
A report released Wednesday by the Government Accountability Office says the U.S. is on track to forgive at least $108 billion in student debt. This is due to the number of people who have enrolled in plans the Obama administration promoted to help borrowers avoid default. The GAO report finds the Education Department also understated the cost of these plans. NPR's Ari Shapiro talks to Danielle Douglas-Gabriel of The Washington Post .
Read more ...GAO: About $108 billion in student loan debt to be forgiven
6 monthes ago - By My Sanantonio
WASHINGTON - The federal government is expected to forgive at least $108 billion in student loan debt as part of popular plans that tie repayment to borrowers' earnings, congressional investigators said Wednesday.
The Government Accountability Office reviewed income-driven repayment plans the government offers to students struggling to pay back federal student loans.
The report, which was highly critical of the Education Department's budget estimates for the programs, said $29 billion more will be discharged due to death or disability.
Read more ...GAO: About $108 billion in student loan debt to be forgiven
6 monthes ago - By The Seattle Times
WASHINGTON - The federal government is expected to forgive at least $108 billion in student loan debt as part of popular plans that tie repayment to borrowers' earnings, congressional investigators said Wednesday. The Government Accountability Office reviewed income-driven repayment plans the government offers to students struggling to pay back federal student loans. The report, [...]
Read more ...U.S. Expected To Forgive At Least $108 Billion In Student Debt
6 monthes ago - By NPR
A report released Wednesday by the Government Accountability Office says the U.S. is on track to forgive at least $108 billion in student debt. This is due to the number of people who have enrolled in plans the Obama administration promoted to help borrowers avoid default. The GAO report finds the Education Department also understated the cost of these plans. NPR's Ari Shapiro talks to Danielle Douglas-Gabriel of The Washington Post .
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