CPAs agree U.S. student loan debt is a financial crisis

July 9, 2019

“Poll respondents said their clients have put off major life decisions and purchases due to their high student loan debt. … Respondents suggested that banks implement having loan payments at no more 5 percent of discretionary income and for the IRS to provide tax deductions for interest payments more than they allow now  … Citing skyrocketing tuition prices, respondents suggested that Federal and state governments work to put some limits in place at least on public college price increases. …” 

Read the full article on: Insider NJ (New Jersey)

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