FOR IMMEDIATE RELEASE

May 29, 2023

Governor Ron DeSantis Proposes a Fundamental Reform of Student Loan Repayment Plans in His 2024 Presidential Campaign

TALLAHASSEE, FL - Today, Governor Ron DeSantis, a prominent figure in the 2024 presidential race, announced a revolutionary new proposal in his campaign platform to transform the way student loan repayment plans are structured. His proposed policy aims to end all income-sensitive repayment plans for student loans, advocating for a more unified, "full pay only" approach.

The new plan, dubbed the "Student Loan Accountability Plan," proposes to eliminate the current income-driven repayment options that are often rife with complexity, confusion, and inconsistency, and replace them with a simplified, straightforward full pay model.

Governor DeSantis believes this significant policy change will encourage personal responsibility, enhance transparency, and improve long-term financial planning for student loan borrowers. "We're taking steps to introduce fairness and predictability into a system that has become too complex and cumbersome," DeSantis stated.

Under the proposed system, borrowers would be responsible for the full repayment of their loans, irrespective of their income level. The Governor contends that this will provide a clearer understanding of the commitments and obligations involved in accepting a student loan.

However, it should be noted that this proposal does not imply a lack of support for borrowers. On the contrary, DeSantis' plan includes robust financial education measures to ensure borrowers fully understand the terms of their loans, the importance of planning for repayment, and the availability of private and public resources to assist in their efforts.

Additionally, in recognizing that this may seem daunting for those at the lower income spectrum, DeSantis has committed to exploring opportunities for more generous grant aid to students in need and evaluating the cost structures of higher education institutions to ensure affordability and access.

As DeSantis' campaign progresses, his team will continue to refine this policy proposal to ensure it meets the needs of all Americans and maintains the Governor's core values of fairness, responsibility, and transparency.

For more information, please visit the official campaign website at www.DeSantis2024.com/paythoseloansdeadbeats

(http://www.autoadmit.com/thread.php?thread_id=5347696&forum_id=2#46369171)

https://www.congress.gov/bill/117th-congress/senate-bill/4253

(http://www.autoadmit.com/thread.php?thread_id=5347696&forum_id=2#46369205)