With the pause in the federal student loan repayment program scheduled to expire at the end of September, are borrowers prepared to turn repayment back on? Amy and Carlo share their perspectives on what systems exist for this transition and what we can do to streamline the process.
It is impossible to discuss loan repayment without talking about the pressure to pass federal student loan forgiveness. Causing the discussion to shift to the question: will this be a short-term band-aid that doesn't solve the actual problem? Carlo mentions the recent study showing student debt will rise to current levels in 10-15 years, arguing that forgiving student loans for this generation will only shunt the problem to the next.
Both Amy and Carlo agree we must acknowledge that the system we currently have in place is producing the problems we currently face and that allocating energy and resources to create novel solutions to the root problems is needed. Tune in for the full discussion and connect with us below to share your thoughts.
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