DiscoverUnf*cking The RepublicBiden’s Big Student Debt Announcement: PITOTWIU for the Indebted Masses.
Biden’s Big Student Debt Announcement: PITOTWIU for the Indebted Masses.

Biden’s Big Student Debt Announcement: PITOTWIU for the Indebted Masses.

Update: 2022-08-28
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Description

It’s here! It’s finally here! Today we review our predictions for student debt relief and square them with Biden’s proposed plan. There’s a lot to like about the announcement, several unanswered questions and some gaping holes in the plan going forward. Max breaks down the politics, the details and biggest misses of the Biden student debt relief plan and why it’s in danger of being PITOTWIU.


Resources


The Balance: How Much Trump's Tax Cuts Cost the Government


World Population Review: Average Family Income 2022


PBS NewsHour: President Biden announces decision on student debt forgiveness


Committee For a Responsible Federal Budget: New Student Debt Changes Will Cost Half a Trillion Dollars


Penn Wharton Budget Model: The Biden Student Loan Forgiveness Plan: Budgetary Costs and Distributional Impact


Josh Mitchell: The Debt Trap: How Student Loans Became a National Catastrophe


UNFTR Episode Resources


Student Debt.


Modern Monetary Theory.


Corporate (Ir)Responsibility (Part I) and (Part II).


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Biden’s Big Student Debt Announcement: PITOTWIU for the Indebted Masses.

Biden’s Big Student Debt Announcement: PITOTWIU for the Indebted Masses.

UNFTR Media