California's new bill of rights for borrowers
Posted: Fri Oct 02, 2020 12:24 pm
How do you plan to pay for law school? Do you plan on taking out student loans, or do you have other options? California just signed Mark Stone’s bill of right for borrowers that would protect students from deceptive and predatory practices by companies that service federal student loans. The Federal Reserve estimated that the national student loan debt is $1.6 trillion, it’s clear that this nation has a problem, but how we should solve this problem is where many people disagree. Senator Chuck Schumer and Elisabeth Warren presented a plan to cancel $50,000 in federal student debt from all borrowers. Do you think eliminating the debt is how we should handle the student loan debt crisis?