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Should student debt be erased?

Duration: 10:54Views: 51.2KLikes: 1.8KDate Created: Jun, 2019

Channel: BEME News

Category: News & Politics

Tags: collegestudentuniversitysandersfafsafreenewsrobert f smithcnnelectionberniebemenewscasey neistat bemeloansforgivenesslou fogliatuition2020warrenhere’s the thingcancellationbememorehouseyoutube casey neistatrepayecasey neistatdebtcasey neistat cnnwild shit

Description: Senator Elizabeth Warren has a plan to reduce the $1.5 trillion Americans owe in student loan debt. It’s a bold, expensive proposal from the 2020 presidential contender that could jump start the economy and close the racial wealth gap. Yet, the lion’s share of the benefit would go to wealthy Americans. Lou examines the fairness of Warren’s plan. SOURCES & FURTHER READING Warren Medium post on proposal medium.com/@teamwarren/im-calling-for-something-truly-transformational-universal-free-public-college-and-cancellation-of-a246cd0f910f Shapiro & Charron-Chénier’s analysis of proposal elizabethwarren.com/wp-content/uploads/2019/04/Experts-Letter-to-Senator-Warren-.pdf Urban Institute’s analysis of proposal urban.org/urban-wire/who-would-benefit-elizabeth-warrens-student-loan-forgiveness-proposal Brookings Institute’s analysis of proposal brookings.edu/blog/up-front/2019/04/24/how-progressive-is-senator-elizabeth-warrens-loan-forgiveness-proposal McCluskey’s criticism of Warren’s plan cato.org/publications/commentary/top-5-problems-warrens-higher-ed-proposal Ruetschlin’s paper on macroeconomic effects of student debt cancellation levyinstitute.org/pubs/rpr_2_6.pdf Akers opinion piece on Warren’s plan nydailynews.com/opinion/ny-oped-akers-20190429-xkiockn6brc7pbm4w7a3bs57sa-story.html CREDITS Writer: Louis Foglia Editor: Page Ellerson Researcher: Dushyant Naresh Supervising Producer: Allison Brown Follow Beme on Instagram: instagram.com/bemenews Twitter: twitter.com/bemenews Facebook: facebook.com/officialbeme

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