While Student Loan debt relief would help borrowers today, ultimately I honestly thing direct debt relief without foundational changes to the way college degrees are financed would be economic malpractice. Right now, the only thing remotely holding the price of college down is the cost of debt. If that goes away then the ceiling for college costs would be blown away -even more than they already are.
Educational financing needs a full top-to-bottom systematic restructuring.
What Fed Rate Increases Mean for Mortgages, Credit Cards and More https://www.nytimes.com/2023/02/01/business/fed-rates-mortgages-credit-cards.html #FederalReserveSystem #AutomobileFinancing #PersonalFinances #InterestRates #StudentLoans #CreditCards #Mortgages #Savings
#FederalReserveSystem #AutomobileFinancing #PersonalFinances #InterestRates #StudentLoans #CreditCards #Mortgages #Savings
I just paid off one of my #studentloans. 🥳
It’s been a rotten day, so I’m trying to grab on to something positive.
@LeahLitman I'd be very curious to know just how many of the lawyers, lawmakers, and judges responsible for bringing us here have recieved equal or greater benefits from the government. It's another example of just how one-sided the political system in the United States really are. #politics #StudentLoans #Republican
#politics #StudentLoans #republican