Research, Proposals, Explainers & Commentary
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 and instituting a system of universally available public education. 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.
This piece by @karavoght recounts how student debt cancellation entered the mainstream of American politics, a genuinely interesting story in its own right & a case study in the effect of philanthropy on policy formulation & political take-up.
— Marshall Steinbaum 🔥🍉 (@Econ_Marshall) February 1, 2020
Complete thread here.
— Marshall Steinbaum (@Econ_Marshall) via Twitter.
Warren vs. Sanders: Inside the Progressive Debate Over the Student Debt Crisis
• Their competing plans reveal a lot about how these White House hopefuls would govern.
— Kara Voght (@karavoght) Mother Jones (@motherjones) Jan 31, 2010
Student Loan Discharged in Bankruptcy – Just a Blip, or Something Bigger?
— Michael M. Krauss, James Park National Law Review (@natlawreview)Jan 28, 2020
Cancel All the Student Debt: It’s About Economic and Racial Justice • Only full cancellation completely protects the vulnerabilities of Black students and students in general, while at the same time establishing higher education as a universal right and offering restitution to all those who have had to rely on debt finance.
— Naomi Zewde (@nzewde) Darrick Hamilton (@DarrickHamilton) ReWire News (@Rewire_News) Oct 14, 2019
The Law and Political Economy of a Student Debt Jubilee
— Luke Herrine (@LDHerrine), SSRN Aug 24, 2019
Related Twitter Thread:
OK, it is done. I've submitted my article arguing that the Dept of Ed can just cancel however much student debt it wants to under existing authorities. Plus an argument for why a student debt jubilees would be good. And uploaded the draft here:https://t.co/TCr6cyMVqy
— Luke Herrine (@LDHerrine) August 24, 2019
Stephanie Kelton discuss the macro-economic benefits of cancelling student debt.
— Richard Eskow (@RJEskow), Ring of Fire (@ringoffireradio), July 3, 2019 (32:43)
I’m calling for something truly transformational: Universal free public college and cancellation of student loan debt
— Team Warren (Elizabeth Warren) Medium (@Medium), April 22, 2019
Fed Says Student Debt Has Hurt the U.S. Housing Market •
Student loans prevented 400,000 young Americans from buying homes, Fed says in paper covering 2005 to 2014
— Josh Mitchell (@JMitchellWSJ), Laura Kusisto (@LauraKusisto) Wall Street Journal, (@WSJ) Jan 16, 2019
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
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
John Oliver says Jill Stein doesn’t understand her own student debt plan
— Jillian Berman (@JillianBerman) Market Watch (@MarketWatch) Oct 17, 2016
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