Elizabeth Warren is right about student debt – 'we need to do something dramatic,' says Sheila Bair. investinyou (In partnership with acorns.)
Sheila Bair, former chair of the FDIC, wants to fix the student debt crisis — and she thinks Democratic presidential hopeful Elizabeth Warren has some"bold" ideas that may work.
"I have some different ideas on this but … she's got something bold, dramatic, she pays for it and she's tackling a core problem," Bair said Wednesday on"The Exchange."Americans owe $1.57 trillion in student debt. Warren claims her plan will cancel at least some of the debt held by 95% of the Americans carrying it.
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