Student Loans
Latest
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Debt Cancellation Is Costly, Regressive, and Inflationary
According to press reports, President Biden is seriously considering cancelling a large swath of student debt – perhaps more than the $10,000 per...
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More Information Is Needed Before Student Loan Changes Take Effect
The Department of Education yesterday announced several changes to the student loan program, including a one-time policy to retroactively count any...
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Student Debt Pause Suggests Lack of Seriousness on Inflation and Deficits
According to news reports, the Administration will once again extend the current moratorium on student debt repayments, this time from May 1 through...
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How Much Student Debt Has Already Been Cancelled?
Note: (8/30/2022): This analysis is now out of date. We released an updated version of this analysis, available here, which updates the estimated cost...
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Time to Wind Down Remaining COVID Relief
Though most COVID relief has already been spent, several policies continue to provide ongoing financial support and could be renewed again by Congress...
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Cancelling Student Debt Would Add to Inflation
Lawmakers and advocates have loudened their calls to cancel student loan debt before the current re-payment moratorium ends on May 1 st. Given the...
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New Report Shows Student Debt Cancellation is Regressive
Recently, Adam Looney, Executive Director of the Marriner S. Eccles Institute at the University of Utah and a Nonresident Senior Fellow in Economic...
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What Does Student Debt Cancellation Mean for Federal Finances?
We've previously estimated that cancelling all federal student debt would cost the same as the outstanding value of the loans, which is currently $1.6...
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It’s Time to Wind Down the Student Loan Moratorium
The Biden administration recently extended the federal student loan moratorium through January 2022. Under the moratorium, most federal student loan...
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Partial Student Debt Cancellation is Poor Economic Stimulus
Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and speculated...
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Debt Cancellation and SALT Cap Repeal Would Benefit Higher Earners
In her recent Washington Post column, Catherine Rampell argues progressives should “be more progressive in an old-fashioned sense: by helping the poor...
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Canceling Student Loan Debt Is Poor Economic Stimulus
Note: We published a follow-up piece on June 3, 2021 estimating the fiscal multipliers for cancelling $10,000 and $50,000 in federal student loan debt...