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Best-selling author and activist Marianne Williamson supports universal preschool and free college.

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Debt-free This idea aims to cover the costs associated with attending public college without requiring students to take out loans, by establishing federal matches for state spending on higher education and using those funds to fill unmet need for people pursuing degrees. Elizabeth Warren D-Mass.

3 Surefire Ways To Graduate Debt Free

The plan also includes universal free public college. Kamala Harris D-Calif. She is a co-sponsor for the Schatz-Pocan bill and the Sanders bill. Cory Booker D-N.

How I Avoided Student Loans

Booker is a co-sponsor for the Schatz-Pocan bill. Former Texas Rep. In , he tweeted : "We should allow Texans who commit to working in in-demand fields and in underserved communities the chance to graduate debt free. Former tech executive Andrew Yang supports debt forgiveness plans and loan repayment plans, according to his campaign website. Refinance student loans Sen.

Amy Klobuchar D-Minn.

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She offered up the idea to refinance loans and expand Pell grants. Former Maryland Rep. John Delaney has called for reforming bankruptcy laws so student loan debt can be discharged like all other debts, as well as refinancing. Kirsten Gillibrand D-N. He instead called for states to cover a higher proportion of the cost than students. Buttigieg is also looking to foster more generous grants and accessible programs for loan forgiveness.

He mentioned he is looking at interest rates to refinance student loans, but has not specified a percentage. Eric Swalwell D-Calif. He also supports debt-free college for public university students in exchange for a work-study and a pledge to better their communities after graduation.

In Congress

Likening her idea to that of student loan forgiveness programs for public service workers, Jackson lobbies for entrepreneurs to be rewarded for their innovation with their loans forgiven. If passed, the New College Compact would lower loan costs for student debtors. Allowing people to eliminate their debt while pursuing new business paths is a viable way to kickstart the economy and increase the number of small businesses operating in the United States.

A multi-pronged approach to the student loan issue is needed for our economy to grow. The current situation severely threatens our financial security and futures and needs comprehensive reform. The connection between student loan debt and decreased entrepreneurship has been established in many studies from research institutions across the country.


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This link has significant consequences for workers, consumers, government officials and society at large. Nurturing innovation and new businesses are essential to the U. Student loan debt continually keeps graduates from pursuing their passions and inhibits creativity.

Student loan debt: How I got in deep

Substantial reform is needed to the student loan system to make college more affordable and help decrease current debt balances to encourage entrepreneurial endeavors. Entrepreneurs Change Social Issues Instead of using traditional methods, entrepreneurs by their very nature look for new ways of doing business.

Potential Solutions Change is needed throughout the student loan system, for the benefit of students and our overall economy. Related Article: Divorce Is a Business Threat: Protecting Your Company With a Prenup The Bottom Line The connection between student loan debt and decreased entrepreneurship has been established in many studies from research institutions across the country. Matt Lenhard. See Matt Lenhard's Profile. Matt Lenhard is a full-stack developer from Wilmington, Delaware, Matt has worked on a variety of development projects as both a CTO and a contractor.


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  7. In his spare time, Matt enjoys writing about Facebook marketing, technology, and entrepreneurship. Matt is always looking to connect with Millennial entrepreneurs like himself. Email Matt with comments, criticism, and great Italian recipes. Like the article? Sign up for more great content.


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