Unf*cking The Republic Biden’s Big Student Debt Announcement: PITOTWIU for the Indebted Masses.
It’s here! It’s finally here! Today we review our predictions for student debt relief and square them with Biden’s proposed plan. There’s a lot to like about the announcement, several unanswered questions and some gaping holes in the plan going forward. Max breaks down the politics, the details and biggest misses of the Biden student debt relief plan and why it’s in danger of being PITOTWIU.
Resources
The Balance: How Much Trump's Tax Cuts Cost the Government
World Population Review: Average Family Income 2022
PBS NewsHour: President Biden announces decision on student debt forgiveness
Committee For a Responsible Federal Budget: New Student Debt Changes Will Cost Half a Trillion Dollars
Penn Wharton Budget Model: The Biden Student Loan Forgiveness Plan: Budgetary Costs and Distributional Impact
Josh Mitchell: The Debt Trap: How Student Loans Became a National Catastrophe
UNFTR Episode Resources
Corporate (Ir)Responsibility (Part I) and (Part II).
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