08-29-2022, 03:04 AM
(08-28-2022, 10:42 PM)ifomonay Wrote: I think the way to solve the problem is just to have borrowers pay 5% of their income every month until it's paid off or they die. They should get rid of forbearance and deferments. A person should be able to budget to 95% of their total income. If you make no income, you pay nothing. 5% of zero is zero. That way every borrower must pay back something if they earn any money.
Are you also proposing to set the interest to 0%?
In progress:
TESU - BA Computer Science; BSBA CIS; ASNSM Math & CS; ASBA
Completed:
Pierpont - AAS BOG
Sophia (so many), The Institutes (old), Study.com (5 courses)
ASU: Human Origins, Astronomy, Intro Health & Wellness, Western Civilization, Computer Appls & Info Technology, Intro Programming
Strayer: CIS175, CIS111, WRK100, MAT210
TESU - BA Computer Science; BSBA CIS; ASNSM Math & CS; ASBA
Completed:
Pierpont - AAS BOG
Sophia (so many), The Institutes (old), Study.com (5 courses)
ASU: Human Origins, Astronomy, Intro Health & Wellness, Western Civilization, Computer Appls & Info Technology, Intro Programming
Strayer: CIS175, CIS111, WRK100, MAT210
![[-]](https://www.degreeforum.net/mybb/images/collapse.png)