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Brand New Sort Of Education Loan Gains Significant Help. Will there be A drawback?

Income-share agreements, promoted by Betsy DeVos and Silicon Valley, may end up just moving the re payment burden from some pupils to others. Q: whenever is a learning education loan maybe not a student-based loan? A: When it’s a “income-share agreement, ” a brand new economic tool being promoted by Education Secretary Betsy DeVos. With total outstanding student loan balances at $1.6 trillion and increasing, politicians are seeking solutions.

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