Elizabeth Warren’s plan to forgive student loan debt is costly, but it could actually pour money into the US economy
|04/26/2019||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>