I propose a policy to relieve student loan debt by eliminating the interest after a certain number of payments or a certain period of timely payments.
This will still allow lenders to make money while allowing borrowers to eventually pay off their debt by applying 100% of payments to the debt after an established amount of time.
Lets go all the way, home loan interest forgiveness, vehicle loan interest forgiveness, business interest loan forgiveness. In fact, lets do away with all interest. Some people are responsible and actually planned to and did pay back their loans.
Why are “students” special?