How student loan forgiveness rebuilds the economy from the middle out (with Marshall Steinbaum)
Pitchfork Economics with Nick Hanauer
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The Federal Student Loan Program Is Not All Accounting
The federal government has basically turned itself into a bank for the purposes of student lending. And Congress likes it because the federal student loan program looks like a revenue positive from the perspective of the Congressional Budget Office. So that enables Congress to pass regressive tax cuts. That very thing happened in the 2000s during the Bush tax cuts.
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