Understanding Student Loan Forgiveness

The forgiveness or restructuring of debt is one of the oldest governance mechanisms in the finance sector. From Israel’s years of Jubilee abolishing debts to George Washington’s Debtor’s Prison Relief Act of 1792 restructuring the American debt system and the more Modern GI Bill, this mechanism has a long but infrequent tradition. The current administration has pulled this lever again, and you may have strong feelings about whether or not that’s a good idea. In this video, we will focus on if and how you may benefit.

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