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Man counting college savings fund, tuition fee or student loan with calculator. Education price and expenses concept. Money and papers on table. Calculating budget and planning finance.(Getty Images/iStockphoto)

Biden’s student loan freeze shows path to erase billions of debt

Bloomberg |
PUBLISHED ON JAN 22, 2021 07:15 PM IST
By Wall Street standards, the government’s loan writedowns are gigantic, amounting to $98 billion in September alone.
Ramamurti helped Warren campaign develop wealth tax and student loan debt cancellation plans(Twitter / @bharatramamurti)
Ramamurti helped Warren campaign develop wealth tax and student loan debt cancellation plans(Twitter / @bharatramamurti)

Indian-American attorney explains how student loan debt cancellation via executive order is good economics

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Kunal Gaurav
PUBLISHED ON NOV 17, 2020 09:18 PM IST
Bharat Ramamurti, who acted as top economic adviser of Senator Elizabeth Warren during her presidential campaign, said that student debt contributes to the reason behind declining home ownership.
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