Trump Releases Student Loan Plan But Doesn't Go Into Much Detail
Donald Trump wants to forgive student loan debt five years earlier.By Lindsey Pulse | October 14, 2016
Donald Trump has laid out part of his plan for students to pay back their college debt.
"Students should not be asked to pay more on their loans than they can afford, and the debt should not be an albatross around their necks for the rest of their lives," Donald Trump said.
Right now, borrowers who make income-based payments for 20 years can have their remaining federal loan debt forgiven. Trump says his plan would have graduates paying 12.5 percent of their incomes for 15 years before debt is forgiven.