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Are Student Loan Forgiveness Programs Just A Free Pass For Grad Students With More Than $100K In Debt?

Are Student Loan Forgiveness Programs Just A Free Pass For Grad Students With More Than $100K In Debt?

Just two years ago, the Consumer Financial Protection Bureau estimated that nearly 33 million American workers eligible for student loan forgiveness weren’t taking advantage of the programs. Times have certainly changed, as the federal government earlier this year revealed that these program were now so popular they cost nearly $22 billion more than they anticipated. But it doesn’t appear the increase in use for such plans is by those who might benefit the most. [More]