How student loan forgiveness rebuilds the economy from the middle out (with Marshall Steinbaum)

President Biden recently announced his plan for student loan forgiveness. It’s a policy that helps build the economy from the middle out by erasing some of the 1.7 trillion dollars in debt that’s holding Americans back. Economist Marshall Steinbaum, who has spent most of his career researching student debt, explains why this forgiveness plan is a great start—and why Biden can, and should, do more.

Marshall Steinbaum is an Assistant Professor of Economics at the University of Utah and a Senior Fellow in Higher Education Finance at Jain Family Institute.

Twitter: @Econ_Marshall

The Student Debt Crisis is a Crisis of Non-Repayment

https://www.phenomenalworld.org/analysis/crisis-of-non-repayment

A Middle-Out Education https://civicventures.substack.com/p/a-middle-out-education 

Website: http://pitchforkeconomics.com/

Twitter: @PitchforkEcon

Instagram: @pitchforkeconomics

Nick’s twitter: @NickHanauer