Now that Donald Trump has been elected president of the United States, a wide swath of the American public is holding its breath wondering what his election may mean for its pocketbook. The president-elect has promised lower taxes, more jobs and fewer regulations, which, if delivered, could be beneficial for all. However, there is one area in particular in which he was less specific in his approach and that is college student loans. Although he did paint some broad strokes on what he would like to see happen, we are left to guess at some of the finer details until his proposals take shape.
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