Student Loan RESTRUCTURE

Economy
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1

Restructure student loans to hold lenders, education institutions, and students accountable.

Restructure Basics:

  1. Restructure all student loans to 0% interest and original principal balance
  2. Apply ALL past payments made to loan
  3. Once loan is paid off, it’s done. If you over paid, you get a % of overpayment back.

Three Results:

  1. Holds loan takers accountable but in a reasonable way.
  2. Banks/lending institutions will be more cautious where they throw money for education.
  3. Because lenders will be cautious, educational institutions will stop over charging.

This holds everyone accountable, educational institutions, lenders, students taking loans.

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Both Public and Private Lenders.

This combined with removal of federal income tax will enable highly educated professionals ignored by the corporate world to pay their loans and pursue home buying.