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The Student Debt Dilemma With Constantine Yannelis

Capitalisn't

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Elect Biden - What Would You Do?

Constantine would put all borrowers into income driven repayment and make default loan repayment option mandatory. Would also try to align incentives of schools and the borrowers by making schools on the hook for drop outs that were financed by federal dollars. Also eliminate uniform interest rate pricing and have at least some risk based pricing, so we don't encourage students to borrow to doe degrees that don't have high returns.

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