Trump Proposes Limits On Student Loan Borrowing

According to the latest student loan debt statistics, there is $1.5 trillion of student loan debt and more than 44 million borrowers. Student loan debt is now the second higher consumer debt type, second only to mortgages and higher than both auto debt and credit card debt. By 2023, 40% of student loan borrowers may default on their student loans.Trump's 10-point plan includes various proposals related to higher education.

Lower education costs can mean less student loan borrowing. More financial aid counseling can help borrowers understand the true cost of student loan borrowing, including compound interest, and a borrower's ability to pay off student loan debt successfully.According to the Trump administration, there are too many income-driven repayment plans for federal student loans, which causes confusion for student loan borrowers.

EducationForAll shouldn't be sabotaged by crook corrupt manipulative dirty politicians like TrumpFail !Shame on realDonaldTrump proposing limitations on studentloan !Lower the tuition & eliminate collegescam CollegeCheatingScandal CollegeAdmissionScandal TrumpBudget 💩

I’d rather see limits on college tuition .... come on people

The simplifying of Income Driven Repayment plans would help. Every year they call it something else. It’s confusing with all the choices.

So much for the party of free trade and less government

Should be limits by declared major...practical degrees get the highest limits...basket weaving gets zip.

I agree with this concept. Students should not be allowed to borrow over $150K to attend a college.

Yes. Just do it. Clown.

No! Tell the college's to lower there cost first!

This is a great idea!! IMO student loans are our next economic break down

No one wants to pay it back so yeah. Work your way through college.

Good👍🏽

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Trump Proposes Limits On Student Loan BorrowingThe Trump Administration released its new priorities to reform higher education—including limits on student loans na huku wanakopeshana mi najua ni bure shule The real potential impact is that poor students will find it harder to borrow the money they need to attend college.
Source: Forbes - 🏆 394. / 53 Read more »

Trump Administration Proposes Borrowing Limits for Some Student LoansThe White House is calling on Congress to cap how much graduate students and parents of undergraduates can borrow in federal student loans, a proposal it said is aimed at curbing rising college costs. As long as it’s matched by college grants or deductions The secret to avoiding lifelong debt is not digging the hole too deep. So yeah, that's not a bad idea. Borrowing limits need to be set for the institutions and banks, not for the borrowers. This is an unbelievably stupid plan. More victim blaming from the 💩 in the White House.
Source: WSJ - 🏆 98. / 63 Read more »

Trump Proposes To End Student Loan Forgiveness ProgramPresident Trump's new 2020 budget proposal has important implications for student loans. Black power Good, enslave all graduates of the government indoctrination system. Keep them sub-servants of their masters. Especially you poor kids who are trying to move ahead in life.
Source: Forbes - 🏆 394. / 53 Read more »