End loan forgiveness and expect borrowers to repay
What the document says“Borrowers should be expected to repay their loans.”
The chapter says the Administration must end what it calls the practice of treating the federal student loan portfolio as a campaign fund to curry political support, and must end abuses in the loan forgiveness programs. It separately asks that existing income-driven repayment plans be phased out and replaced with a single plan exempting income up to the poverty line and requiring payments of 10 percent above it.
What the document actually says“Borrowers should be expected to repay their loans.”
People who borrow should be expected to pay it back.
Students borrow money for college. Some plans cancel part of the debt. The book says that should stop. It says borrowers should repay.
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