Pitchfork Economics with Nick Hanauer cover image

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

Pitchfork Economics with Nick Hanauer

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Introduction

Student debt cancellation has been a long time in coming and it's very gratifying that it seems like it might finally happen. Skyrocketing prices for higher education and a generation of wage suppression is what created this crisis, not the profligate personal spending of students themselves. This is a policy aimed squarely at the middle class because that is how you build an economy.

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