Automatic Student Loan Forgiveness Could Be A Big Win For Borrowers

While there are many different schools of thought when it comes to the best ways to finance higher education, most experts would agree our current reliance on student loans is simply unsustainable. After all, more than 45 million American borrowers currently owe a collective $1.7 trillion dollars on student loans at last count. That means the average student borrower owes $37,693 on their loans, and obviously millions of borrowers owe significantly more than that.

The federal government has created several different programs that can help borrowers pay back their loans faster, or have some of their balances forgiven. Their solutions

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