Ep. 4 - The Economic Perspective Of Student Loan Debt Cancellations

from The Economics Review · host theeconomicreview

We’ve all heard about the student debt crisis, but leave it to Biden and the Democrats to find the worst possible solution. Student loans are undeniably a weight on the economy, but simply ‘canceling’ existing debt does nothing to address the underlying problem. The US Education Secretary, Miguel Cardona, recently announced that the Biden administration has forgiven the loans of roughly 72,000 borrowers worth $1 Billion

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This episode was published on March 28, 2021.

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