Whether forgiveness plans are realistic or not remains to be seen, but one thing is for certain — these "total" student loan forgiveness plans are mostly a bad idea. Why Blanket Loan Forgiveness Will Never Become LawDavid Carlson, author of Student Loan Solution, also points out that total loan forgiveness plans may be more of a Democratic talking point than anything else. Better AlternativesRight now, the majority of student loan borrowers are already eligible for some type of loan forgiveness. For example, Public Service Loan Forgiveness. The Bottom LineIf you are banking on complete student loan forgiveness, you may not want to hold your breath.

Source: Forbes June 06, 2019 12:21 UTC