Sen. Bill Cassidy: Cancel student debt? Better solutions exist – here are answers Republicans should offer
Fox News
While the words "free" and "forgiveness" will always be difficult to compete with, there are better, more lasting solutions to help student borrowers manage their debt.
As Republicans, we need to have a better answer to calls for debt forgiveness. While the words "free" and "forgiveness" will always be difficult to compete with, there are better, more lasting solutions to help student borrowers manage their debt. This begins with looking at what already exists. As good stewards of taxpayer dollars, we must not always take the easy road out. Over the last two decades, Congress and the U.S. Department of Education established income-based repayment plans that allow a student borrower to make qualified loan payments based on a percentage of their discretionary income (10% to 15% depending on the plan).More Related News