Adam Looney
Joseph A. Pechman Senior Fellow – Financial Studies, Urban-Brookings Tax Policy Center
A current Wall Street Journal article informs a startling story of the University of Southern Ca dental college graduate whom owes a lot more than a million bucks in pupil debt—a balance he’ll never fully repay. As he is exceptional—only 101 individuals away from 41 million student-loan borrowers owe significantly more than a million bucks—his situation highlights the flaws in a student-loan program that provides graduate pupils and parents limitless usage of federal loans and large payment plans. Continue reading “Why the dental practitioner with $1 million in pupil financial obligation spells difficulty for federal loan programs”