For context, I’m really referring to central banks. What would the consequences be if the central banks just decided to forgive entities that issue student loans, like FAFSA? I’m asking on a global scale and an individual household scale.
Thank you!
In: 13
There’s an opportunity to rebalance the economy. Part of the reason medical costs are so high in the States is because college fees are so high. Managed properly student loan forgiveness can bring down the cost of services that everyone uses like hospitals and schools. And you’ll be better able to narrow the wealth disparity long term.
How high do I rate the chance of this happening in the States? I give it a non-zero probability.
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