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A new report from Bard College’s Levy Economics Institute concludes that this bold idea – cancelling all outstanding student debt – would help the entire economy and create more than a million jobs. To those who say we can’t afford to cancel this debt, the report poses a new and different question: Can we afford not to? Cancel and Grow Using widely-accepted economic tools, the report’s authors – Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum – found that cancelling all student debt this country would create between 1.2 and 1.5 million new jobs. It would also increase the nation’s GDP by billion to 8 billion per year over the next ten years.... Common DreamsPicture the United States Without Student Debt Richard Eskow
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Mike Norman considers the following as important: Bard College, Catherine Ruetschlin, debt cancellation, Levy Institute, Marshall Steinbaum, MMT, Scott Fullwiler, Stephanie Kelton
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A new report from Bard College’s Levy Economics Institute concludes that this bold idea – cancelling all outstanding student debt – would help the entire economy and create more than a million jobs. To those who say we can’t afford to cancel this debt, the report poses a new and different question: Can we afford not to? Cancel and Grow Using widely-accepted economic tools, the report’s authors – Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum – found that cancelling all student debt this country would create between 1.2 and 1.5 million new jobs. It would also increase the nation’s GDP by billion to 8 billion per year over the next ten years.... Common DreamsPicture the United States Without Student Debt Richard Eskow
Topics:
Mike Norman considers the following as important: Bard College, Catherine Ruetschlin, debt cancellation, Levy Institute, Marshall Steinbaum, MMT, Scott Fullwiler, Stephanie Kelton
This could be interesting, too:
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A new report from Bard College’s Levy Economics Institute concludes that this bold idea – cancelling all outstanding student debt – would help the entire economy and create more than a million jobs.
To those who say we can’t afford to cancel this debt, the report poses a new and different question: Can we afford not to?
Cancel and Grow
Using widely-accepted economic tools, the report’s authors – Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum – found that cancelling all student debt this country would create between 1.2 and 1.5 million new jobs. It would also increase the nation’s GDP by $86 billion to $108 billion per year over the next ten years....Common Dreams
Picture the United States Without Student Debt
Richard Eskow