Critics of student loan forgiveness widely assert that the policy would mostly benefit individuals who are financially well-off. This assumption is made with reasoning that attending college leads to higher earnings. However, new research refutes this assumption.
According to a recent study, that “the biggest benefits of cancelling student debt would go to those with the least wealth”. The study also revealed other groups that would benefit from student loan forgiveness, which include attendees of for-profit schools, women and older borrowers.
For a path forward for your student loans, contact Adrian Consumer Law. Attorney Amanda Adrian has ample experienced in coming out on top against major entities.