By Susan Ferrechio | Washington Examiner
Students who took out big loans for graduate school and those with higher incomes stand the most to gain financially under President Obama‘s expansion of the federal government’s student loan forgiveness program.
Lawyer, doctors and other highly trained professionals who utilized federal loans throughout their post-high school education could walk away with most or all of their graduate school debt forgiven by the federal government under the program, say experts.
“You can roll it all into one balance and it has a really powerful effect,” said Jason Delisle, director of the Federal Education Budget Project for the New America Foundation, a nonpartisan think tank. “The chances that you will fully repay your grad school debt are very slim.”
at Washington Examiner.