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Elizabeth Warren's plan for student loan forgiveness: Don't bank on it

Wednesday, April 24, 2019
Susan Tompor | Detroit Free Press

Caution: If you're someone who grabs money management tips after a quick read of a headline or two on Twitter, take note. Don't bank on getting a big break yet on your college debt.

"College students who are graduating this year should not count on having their student loans forgiven," said Mark Kantrowitz, publisher and vice president of research for Savingforcollege.com.

"They should not put their loans into a deferment or forbearance in the hope that the student loans will soon be forgiven," he said. "All that will do is increase the amount they owe."

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