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Brand New Form of Scholar Loan Gains Significant Help. Will there be A drawback? March 25, 2020

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Brand New Form of Scholar Loan Gains Significant Help. Will there be A drawback?

Income-share agreements, promoted by Betsy DeVos and Silicon Valley, may ramp up simply moving the re payment burden from some pupils to others.

Q: whenever is just education loan perhaps perhaps not just an education loan?

A: When it’s an agreement that is“income-share” a brand new economic tool being promoted by Education Secretary Betsy DeVos.

With total student that is outstanding balances at $1.6 trillion and increasing, politicians are searching for solutions. (more…)

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