“I say, Trump and all you non-establishment Republicans, lets go ahead and go forward to promise and give student loan forgiveness.”
Total lifetime debt burdens are far lower today than when I had a 12% mortgage, or should I say, it had me.
“loan forgiveness”
Who do you think holds most of the 30-year ~3% mortgages?
I suspect the Federal Reserve.
Any student loan forgiveness will be followed by demands for mortgage forgiveness when the next housing recession arrives.
“If you are employed by a U.S. federal, state, local, or tribal government or not-for-profit organization, you might be eligible for the Public Service Loan Forgiveness Program.”
https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service
“To qualify for PSLF, you must
“be employed by a U.S. federal, state, local, or tribal government or not-for-profit organization;
“work full-time for that agency or organization;
“have Direct Loans (or consolidate other federal student loans into a Direct Loan);
“repay your loans under an income-driven repayment plan; and
“make 120 qualifying payments.”