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Canceling student loan debt is poor economic stimulus

November 20, 2020

Includes “… There is a debate over whether the President has the legal authority to cancel debt by executive order and whether or not it would be good policy overall.  However, one thing is clear: student debt cancellation would be an ineffective form of stimulus, providing a small boost to the near-term economy relative to the cost. …”

Read the full article on: Committee for a Responsible Federal Budget

 
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