Episode Ten: Why You Can't Just Forgive Student Loans
Finance Essentials
English - November 19, 2020 02:58 - 33 minutes - 31 MB - ★★★★★ - 6 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode Nine: Vaccines and Your Retirement
Next Episode: Episode 11: The Case for Bitcoin
Today we review the current discussion going on regarding student loan forgiveness. The plans range from $10k all the way to completely free college and forgiven student loans. We talk about the possible implications of the university system and who actually benefits from student loan forgiveness.
For Clarification: The US college educated percentage is ~40% and the percentage for Germany is ~30%
Sources:
https://www.foxbusiness.com/personal-finance/student-loan-forgiveness-who-benefits-most
https://www.forbes.com/sites/robertfarrington/2019/06/25/the-moral-hazard-of-student-loan-forgiveness/?sh=2f29a969364c