Bernie Sanders and Elizabeth Warren have both said eliminating student debt would help black families attain more wealth. Currently, black college grads from four-year schools take on $7,400 more in loans than their white peers. A 2018 analysis by the Roosevelt Institute found that white families have 12 times the amount of wealth as black families. Eliminating student debt could narrow that gap. Visit Business Insider's homepage for more stories.
Bernie Sanders and Elizabeth Warren have both said eliminating student debt would help black families attain more wealth. Currently, black college grads from four-year schools take on $7,400 more in loans than their white peers. A 2018 analysis by the Roosevelt Institute found that white families have 12 times the amount of wealth as black families. Eliminating student debt could narrow that gap. Visit Business Insider's homepage for more stories.
Of course they are not right. The last thing these individuals need is more exposure to Moral Hazards.
Or parents could stop forcing kids to go to college in order to feed the parents’ insecurities
Universal Basic Income is even better. And none of them have the balls to propose such transformational policy to all americans, except one. That's why I shifted from Bernie/Warren to Andrew Yang. FreedomDividend HumanityFirst YangGangLove
This is going to start a flurry of vultures in the hedge fund industry taking a bet on student loans becoming US government debt! Why try to give hedge funders an opportunity to make $$millions again? ewarren BernieSanders 1Progressivism axios MaxBoot TheDemocrats
Give me a refund for the student loan I paid off.