The CARES Act delayed student loan payments as a form of stimulus, raising an important question: if forgiving student loan debt is good policy and broadly popular with Americans, should we just cancel student debt altogether? University of Wisconsin Madison Associate Professor Fenaba Addo, who researches debt and wealth inequality, helps us explore the merits and shortcomings of student debt cancellation.\u00a0<\/p>
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Fenaba Addo is the Lorna Jorgensen Wendt Associate Professor of Money, Relationships, and Equality at the University of Wisconsin Madison. Her research examines the role of debt and increasing wealth inequality over the past forty years within communities of color and among economically vulnerable populations in the U.S.<\/p>
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Twitter: @FenabaAddo<\/a><\/p> Show us some love by leaving a rating or a review! RateThisPodcast.com\/pitchforkeconomics<\/strong><\/a>\u00a0<\/p> Six stupid arguments against forgiving student loan debt: https:\/\/prospect.org\/day-one-agenda\/six-stupid-arguments-against-forgiving-student-loan-debt\/<\/a>\u00a0<\/p> The Racialization of the Student Debt Crisis: http:\/\/1xfsu31b52d33idlp13twtos-wpengine.netdna-ssl.com\/wp-content\/uploads\/2020\/11\/Student-Debt_essay_individual.pdf<\/a><\/p> I paid off all my student loans. I still support student loan forgiveness: https:\/\/www.vox.com\/platform\/amp\/first-person\/2019\/5\/2\/18527036\/biden-millennials-cancel-student-debt-forgiveness<\/a>\u00a0<\/p> Forgiving student debt would boost economy, economists say: https:\/\/www.npr.org\/2019\/11\/25\/782070151\/forgiving-student-debt-would-boost-economy<\/a><\/p> Writing off student debt is one way biden can build black wealth: https:\/\/www.bloomberg.com\/news\/articles\/2020-11-12\/writing-off-student-debt-is-one-way-biden-can-build-black-wealth<\/a><\/p> Student debt is hitting African Americans the hardest. These experts have a plan to fix it: https:\/\/www.washingtonpost.com\/local\/education\/student-debt-is-hitting-african-americans-the-hardest-these-experts-have-a-plan-to-fix-it\/2019\/09\/20\/5f786e48-d0fb-11e9-b29b-a528dc82154a_story.html<\/a><\/p> Constrained after College: Student Loans and Early Career Occupational Choices: https:\/\/www.nber.org\/papers\/w13117<\/a>\u00a0<\/p> Is student debt cancellation regressive? No. https:\/\/www.currentaffairs.org\/2019\/06\/is-student-debt-cancellation-regressive-no<\/a>\u00a0<\/p> Who owes all that student debt? And who\u2019d benefit if it were forgiven? https:\/\/www.brookings.edu\/policy2020\/votervital\/who-owes-all-that-student-debt-and-whod-benefit-if-it-were-forgiven\/<\/a><\/p> Website: http:\/\/pitchforkeconomics.com\/<\/a><\/p> Twitter: @PitchforkEcon<\/a><\/p> Instagram: @pitchforkeconomics<\/a><\/p> Nick\u2019s twitter: @NickHanauer<\/a><\/p>\n \n
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