Report: Millennials Believe Student Loans Will Be Forgiven

Student loan debt is among the highest forms of debt in the U.S., but research shows borrowers believe loan forgiveness programs will help alleviate their debt. “Millennials & College Planning,” a new report from Junior Achievement USA and PricewaterhouseCoopers, prepared by New York-based research firm YPulse, shows that nearly one in four Millennials believe their student loan debt will ultimately be forgiven. The research also found that only one-in-five Millennials between the ages of 18 and 29 believe that student loans are still a good investment, down from nearly half in 2012. <more>