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It's difficult to project precisely what the overall economic impact of this would be. Student debt is distributed all up and down the income ladder, and people at different income levels will spend or save the freed up money in varying proportions — it's the spending that will juice job growth and economic activity. But a Levy Institute paper from early 2018 — written by economists Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum — took a crack at figuring it out. The WeekWhy canceling student debt could be good for everyone Jeff Spross
Topics:
Mike Norman considers the following as important: Catherine Ruetschlin, debt cancelation, Elizabeth Warren, Marshall Steinbaum, MMT, Scott Fullwiler, Stephanie Kelton, Student debt
This could be interesting, too:
It's difficult to project precisely what the overall economic impact of this would be. Student debt is distributed all up and down the income ladder, and people at different income levels will spend or save the freed up money in varying proportions — it's the spending that will juice job growth and economic activity. But a Levy Institute paper from early 2018 — written by economists Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum — took a crack at figuring it out. The WeekWhy canceling student debt could be good for everyone Jeff Spross
Topics:
Mike Norman considers the following as important: Catherine Ruetschlin, debt cancelation, Elizabeth Warren, Marshall Steinbaum, MMT, Scott Fullwiler, Stephanie Kelton, Student debt
This could be interesting, too:
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It's difficult to project precisely what the overall economic impact of this would be. Student debt is distributed all up and down the income ladder, and people at different income levels will spend or save the freed up money in varying proportions — it's the spending that will juice job growth and economic activity. But a Levy Institute paper from early 2018 — written by economists Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum — took a crack at figuring it out.The Week
Why canceling student debt could be good for everyone
Jeff Spross