On Wednesday, in a teleconference call with reporters Brown explained how his “Debt Swap” bill will help out people in reducing their debt by moving private loans to federal loans, at no cost to taxpayers.
It was said by Brown that Ohio students shouldn’t sign away their economic futures when they start college, by whom it has been noted that the proposal would have no cost for taxpayers.
A regional analysis of student loan debt in Ohio has been given by Brown, D-Ohio, and he also has analyzed the difficulties faced by private borrowers.