Elizabeth Warren’s Plan for Student Loans Comes with Mixed Reviews

Democratic Presidential hopeful Elizabeth Warren released her plan for student loans this week and it was met with mixed reviews; her plan would cancel $50,000 worth of debt for households making less than $100,000 per year and can $1 of dent for every $3 in income above $100,000; Warren explains that her plan would cancel debt for 75 percent of the 40 million borrowers and 95 percent would see some level of relief; the effects of the plan would be good in the short term but there is an unsure outlook for the future; the plan is also being met with anger by those who have worked hard to pay off their debt already. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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