Is it appropriate to give college graduates the opportunity to have their student loans forgiven?
Pros
Cons
Fixed Interest Rate
Multiple Payment Plans
Deferment Options
No do overs
Benefits are gone
Lose lender benefits
Pay more interest over time
No private loan consolidation
One payment
Avoid default
Lower payment
Protecting credits
Loan discount
Why is it appropriate to give college graduates the opportunity to have their student loans forgiven?
Why is it not appropriate to give college graduates the opportunity to have their students loans forgiven?
Some banks offer discount on the students interest.
Offers variety of repayment plans
Severed by lending institution & requires one monthly payment.
Allow change terms and lower monthly payments.