Why hasn’t student debt been canceled?
Explain It to Me
00:00
The Politics of Executive Action
I worry about the moral hazard for colleges. I hope people were not taking on a lot of debt assuming it was going to be forgiven because of like, enthusiastic chatter and the 20 20 democratic primary. It does feel like congress loves the cliff, government loves the cliff. We are setting up sort of an i mean, the fact that people have not had to make a loan payment in two years is that's a long amount of time to have not been able to make loan payments. The system is unsustainable but we have to look forward as well when we're thinking about how we repair it. And i think that is something that, you know, we need to keep in mind."
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