Americans owe nearly $1.6 trillion in student loans. But critics warn canceling it doesn’t solve the underlying problems with higher education in the US. https://t.co/JsgqVjqsN4
— Vox (@voxdotcom) December 11, 2020
“Student debt strikes began to pop up across the country, where borrowers stopped paying their loans in protest of the situation, and organizers helped propel regulations to protect student borrowers against misleading and predatory practices.” https://t.co/QT0BRk1FjN
— Astra Taylor (@astradisastra) December 11, 2020
45 million Americans have student debt. Should Joe Biden forgive it?
— Emily Stewart (@EmilyStewartM) December 11, 2020
I did my best to lay out the case for student debt cancellation in the US — an explain the criticisms. https://t.co/5irF0MSRBm
Student debt cancellation was once a fringe idea. But now it’s gone mainstream.
— Vox (@voxdotcom) December 11, 2020
Should Joe Biden forgive student loans for millions of Americans? The debate, explained: https://t.co/WjoEOSvdTL
The debate over Joe Biden canceling student debt, explained https://t.co/VRvTycFX7r
— #TuckFrump (@realTuckFrumper) December 11, 2020
This is an atrocious article that essentially does not dispute the false assertion that student debt cancellation is regressive. Shame on @BrookingsInst for lying to the New York Times. https://t.co/jnLPauV9Ny
— Marshall Steinbaum ? (@Econ_Marshall) December 11, 2020
Oh look, @louise_seamster's work featured in this article at @nytimes @ASAnews
— Victor Ray (@victorerikray) December 11, 2020
Student Loan Cancellation Sets Up Clash Between Biden and the Left https://t.co/viNPa1LFK3
I hope Biden does not succumb to the do-nothing tendencies of the Democratic nomenklatura and moves decisively on loan forgiveness. This could be his transformative FDR moment https://t.co/7JBb3NX5ps
— Barmak Nassirian (@BarmakN) December 11, 2020
Oh god what is this absolute shit https://t.co/fzAn8UHFjT pic.twitter.com/n9q17uGt6c
— skooks (@skooks) December 11, 2020
Looking for a source on NYT claim that alleged Obama bailout of "homeowners with houses suddenly worth less than their mortgages was the original spark for the Tea Party movement, driven by people who fastidiously paid their home loans and felt left out." https://t.co/dDU9nKh340
— Ken Silverstein (@KenSilverstein1) December 10, 2020
"An October analysis by the Brookings Institution found that almost 60 percent of America’s educational debt is owed by households in the nation’s top 40 percent of earners, with an annual income of $74,000 or more."https://t.co/TKbFH1lEid
— Batya Ungar-Sargon (@bungarsargon) December 11, 2020
Just as the left in the UK supports abolition of uni tuition fees repaid by income-contingent loans, even though this would mainly benefits the better off, the left in the US support large student loan write-off that would mainly benefit the better off?.https://t.co/8HAbKw0wNL pic.twitter.com/XNmFumwVsN
— Michael Otsuka (@MikeOtsuka) December 11, 2020
Warren: Biden administration has 'moral obligation' to forgive student debt https://t.co/QrimDf37hc
— Bo Snerdley (@BoSnerdley) December 11, 2020
TIL that forgiving $50,000 in federal student loan debt for every borrower would cost about as much as what the U.S. has spent on funding the Pell program since 1972. https://t.co/glViBPnVkk
— Mikhail Zinshteyn (@mzinshteyn) December 10, 2020
“In addition to righting a policy wrong, it can help stimulate the economy at a moment when we need economic stimulus. And it has significant racial equity implications as well."#CancelStudentDebthttps://t.co/LdKcYRAiTj
— Democratic Coalition (@TheDemCoalition) December 11, 2020
45 million Americans have student debt. Should Joe Biden forgive it? https://t.co/mwgNLoO5m2
— Vox (@voxdotcom) December 12, 2020
The @JoeBiden plan to forgive $10,000 in student debt: https://t.co/Q2lv4AHykf
— Reily @ ? (@reilyseanconn) December 12, 2020
“Debt is . . . almost like sharecropping ... it puts people in a debt trap where they are not permitted pathways for social mobility because they are constrained by a financier and the efforts of their labor go to pay off interest." -@DarrickHamilton https://t.co/i0EwDkMjt5
— Govt Handout Stan Account (@0debtzone) December 11, 2020
45 million Americans have student debt. Should Joe Biden forgive it? https://t.co/1soNpyJWLO via @voxdotcom
— Rick Cooley (@rcooley123) December 12, 2020
The banks have made millions
— Justice4all (@JamesLindholm1) December 11, 2020
Go Biden. Do it
The economy will bounce
Then $15 hour minimum wage. Mix it in over 2 years.
45 million Americans have student debt. Should Joe Biden forgive it? https://t.co/F6gNfoAhz8 via @voxdotcom
Years ago, student debt cancellation was mocked. Now it's mainstream. We're almost there –– keep fighting. https://t.co/Q6ErzIgAof
— The Debt Collective (@StrikeDebt) December 11, 2020
If farmer loan waiver is the thing in India, it is student loan waiver in the US in these hard times. Prez-elect Biden has announced a waiver of loan upto USD 10K, but his Left allies want it raised to 50k.
— Kumar Rakesh (@kumar_1402) December 12, 2020
Koi idhar home loan waiver ki bhi baat kar lo! https://t.co/0MdKxyebN1
I do not understand why paying off student loans is a hot button progressive issue. Why those loans as opposed to (say) credit cards, payday, auto, mortgage, etc? https://t.co/33tfpgOuTw
— Richard H Thaler (@R_Thaler) December 11, 2020
Among designated progressive institutions, there's an extremely pervasive culture of "we're the smart and savvy progressives you can invite home to meet your parents, not the dirty leftists." What smart and savvy means, however, is that you always lose.https://t.co/jnLPauV9Ny
— Marshall Steinbaum ? (@Econ_Marshall) December 11, 2020
Adopting the Schumer-Warren proposal for canceling student loan debt up to $50,000 would be a great way for Biden to find himself facing a 245-seat GOP House caucus in January 2023, something I very much doubt he wants to do. https://t.co/PrvULAJEkV
— Varad Mehta (@varadmehta) December 12, 2020
Forgiving student loan debt would be a boost to our economy and a welcome relief for millions of borrowers struggling to make payments during #COVID19. https://t.co/CpVBvAeG2a
— Randi Weingarten (@rweingarten) December 11, 2020
NEW: Warren ramps up pressure on Biden admin to cancel student debt, insists president-elect has "moral obligation" to wipe out debt https://t.co/HEDEKJ8Yc9
— Save The Democracy (BLM)??? (@DemocracyInn) December 12, 2020