Cancel College Debt

Conversations about the nation’s budget should be about spending priorities and the resources necessary to accomplish them: the people, materials and time. This page contains research, proposals and commentary related to cancelling student college debt. An example of nice things we — the people — can have.

Research & Proposals

Between Feb & April 2018, the Levy Economic Institute of Bard College published The Macroeconomic Effects of Student Debt Cancellation
— Scott Fullwiler, Stephanie A. Kelton, Catherine Ruetschlin and Marshall Steinbaum.

The Response

—2018—

People Are Finally Starting to Take Mass Student Debt Forgiveness Seriously • Is it time to forgive the debt?
— James Dennin (@JamesFDennin) Inverse, July 16, 2018

One answer for our student-loan debt crisis
— Katrina vanden Heuvel (@KatrinaNation) Daily Journal, June 20, 2018

A biblical answer to the $1 trillion problem of student debt
— F. Romall Smalls, (@Romall06), Religion News Service, May 2, 2018 #DebtJubilee

Stephanie Kelton: Student Debt And Deficit Delusions
— Richard Eskow (@rjeskow), The Ring of Fire Network, April 24, 2018 (18:00)

Students as Debt Slaves • It is time for a system that turns students into indentured servants to go
— John Buell, Common Dreams, (@commondreams) April 21, 2018


Steve Breen

This Democratic Senator Has a Plan to Make College Debt-Free for All.
— Eric Levitz @EricLevitz, New York Magazine, March 25, 2018

Killing a Parasite, Part 2 — How to Implement Student Debt Cancellation
— Gaius Publius (@Gaius_Publius), The Smirking Chimp,
March 12, 2018

Stephanie Kelton explains how the government budget affects the economy and the mechanics of student debt forgiveness
— Matthew C. Klein (@M_C_Klein), Financial Times Alphaville,
March 10, 2018

Stephanie Kelton on budget deficits and student debt
Financial Times Alphachat Kelton talks with Matt Klein (@M_C_Klein) about how government budgets really work and what large-scale student debt forgiveness might do for the US economy. March 8, 2018 (48:29)

Picture the United States Without Student Debt
— Richard Eskow (@rjeskow), OurFuture.org,
Feb 27, 2018

Killing a Parasite — Canceling Student Debt, Part 1
— Gaius Publius (@Gaius_Publius), DownWithTyranny, Feb. 27, 2018


The Sanders Institute Talks: Student Loan Debt
Dr. Jane Sanders sits down with economist Dr. Stephanie Kelton to talk about the macroeconomic effects of student loan debt cancellation in the United States. Feb 18, 2018 (25:53)


Stephanie Kelton: Cancel Student Debt to Grow the Economy
R.J. Eskow, host of The Zero Hour, presents the question: “Could cancelling all student debt help everybody, including people with student debt and people who have never gone to college?” Feb 18, 2018 (14:23)

Canceling student debt could be the answer to growing the economy
— Ashley Curtin (@AshlyCurt), Nation of Change, Feb. 15, 2018

Want To Stimulate The Economy? Cut Student Debt–Not Taxes
— Ben Schiller (@btschiller), Fast Company, Feb. 12, 2018

More Support For Student Debt Cancellation
— Gaius Publius (@Gaius_Publius), Down With Tyranny, Feb 10, 2018

We Must Cancel Everyone’s Student Debt, for the Economy’s Sake
— Eric Levitz (@EricLevitz), New York Magazine, Feb. 9, 2018

Canceling $1.4 trillion in student debt could have major benefits for the economy
— Jillian Berman (@JillianBerman), Market Watch, Feb. 8, 2018

New Study Finds Cancelling Student Debt Provides Broad Economic Benefits at Low Cost
— Yves Smith (@YvesSmith), Naked Capitalism, Feb. 7, 2018

Want to grow the US economy? Cancel student debt, new report shows
— A.P. Joyce (@AndrewPaulJoyce) Mic, Feb. 6, 2018

The case for erasing every last penny of student debt
— Ryan Cooper (@ryanlcooper) The Week, Feb. 2, 2018


The Macroeconomic Effects of Student Debt Cancellation
— Dr. Stephanie Kelton (@StephanieKelton), Dr. Scott Fullwiler (@stf18), Dr. Catherine Ruetschlin, Dr. Marshall Steinbaum, The Sanders Institute, Feb, 2018

—2014—

How the U.S. Government Could End the Student Debt Crisis Today • Instead of loaning students money, the federal government could just pay for their tuition, without causing any significant economic problems
— Raúl Carrillo (@RaulACarrillo), Yes Magazine, Nov 12, 2014

Raising the Floor, Not Just the Ceiling • To reform higher ed, we need a federal job guarantee.
— Tressie McMillan Cottom (@tressiemcphd), Slate, Jan 23, 2014

Five Economic Reforms Millennials Should Be Fighting For: Guaranteed jobs, universal basic incomes, public finance and more
— Jesse Myerson (@JAMyerson), Rolling Stone, Jan 3, 2014