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Elizabeth Warren’s plan to forgive student loan debt is costly, but it could actually pour money into the US economy

elizabeth warren

  • Sen. Elizabeth Warren, a Democrat from Massachusetts and 2020 presidential candidate, released her proposal to erase a good portion of student loan debt and provide free public college.
  • The plan was met with mixed reviews online: people were either angry that they had already paid their loans back, or chose a different college to avoid debt in the first place, while others praised her for the move.
  • Dr. Josh Bivens, research director at the left-leaning Economic Policy Institute, explained in an email to INSIDER that the “short-run macro benefits are neutral to good.”
  • Whether voters are fans of the plan or not (and read more >>>

    Source:: BusinessInsider.Com