Academic-Capital

The blog discusses current affairs and development of national economic and social health through unique idea generation. Consider the blog a type of thought experiment where ideas are generated to be pondered but should never be considered definitive as a final conclusion. It is just a pathway to understanding and one may equally reject as accept ideas as theoretical dribble. New perspectives, new opportunities, for a new generation. “The price of freedom is eternal vigilance.”—Thomas Jefferson

Friday, July 14, 2023

DOE to forgive $39 Billion of Student Loans. How will it impact the economy?

The Department of Education under Biden's Administration will be forgiving $39 billion loans for 804k students. The Supreme Court had declined the push for a larger loan forgiveness program. However, it defined the strategy by moving it into an administrative function. There will be debate that is sure and I like to listen to both sides. I'm curious how the forgiveness will impact human capital, national debt, and the economy. Let us wait and see.

Academic-Capital

Friday, July 14, 2023

DOE to forgive $39 Billion of Student Loans. How will it impact the economy?

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