Warren's student debt relief program would have big impact in New Hampshire

[TexasTowelie]

Vying for votes in the state with the fourth highest student debt loads in the country, Sen. Elizabeth Warren threw out a $1.25 trillion offer Monday: forgiveness.

The Massachusetts senator and Democratic presidential candidate unveiled a plan to relieve up to $50,000 of loan debt for those in households making $100,000 or less – a policy Warren said would benefit 42 million Americans.

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But in the state’s first primary state amid a crowded field, Warren’s gamble could have special resonance.

74% of New Hampshire past and present students have taken on debt, the highest proportion in the country, according to a 2018 estimate by the Institute for College Access & Success. And those who take on debt in the state have the fourth highest levels in the U.S: an average of $34,415 per student.

Read more: https://www.concordmonitor.com/Elizabeth-Warren-student-debt-relief-effect-on-New-Hampshire-25027973

[applegrove]

1. Buttigeig would let students renegotiate student loans when interest rates

are more favourable. And that States need to step up and reshare the burden.

[kennetha]

2. If New Hampshire underfunds its universities because they refuse to tax themselves.

And if the Federal government (the main holder of student debt) is supposed to just let the good, tax-averse people of New Hampshire off the hook for their lack of willingness to fund higher education.

I think I'd say "No thanks!" Perhaps New Hamsphire and its tax-averse citizens should be required to assume a portion of this debt in exchange for Federal Loan forgiveness.

How would that be?