Changetheview , 11 months ago

You’re not wrong that private consolidation is great for those who can afford it, and I can see you acknowledge this doesn’t work for everyone. You seem quite reasonable about it.

But one of the biggest pain points for the entire student loan crisis is specifically those who truly can’t afford to get out of their debt.

For these struggling Americans, IBR plans aren’t being used as a savvy financial decision. It’s a lifeline. If that’s stripped from them, you’d see another wave of people who can’t afford basic necessities like housing. It’s sad that it even needs to be an option. And worse that for many, there’s no easy way out.