I read Senator Warren’s plan and it might work.

I would prefer to see the loan elimination phased in, like 20% per year until gone, so that there would not be a big jolt to the economy, but that is just details.

Also, if loans were granted in the future, I would like to see a declining interest rate to zero over 5 years.

I know people who owe 3 times the original loan amount due to compounding interest.

Thanks for bringing it to my attention.

William “Bill” Myers, Analyzes all, Programmer, retired. If you learn anything new, find enjoyment, have a new thought, then I’m successful. Photo: 1st article

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