Why Canceling Student Loans Is Bad for Everyone
Channel: Foundation for Economic Education
Date: 2019-09-10

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Bob has dug himself a huge hole and won't get out of it until his debts are cancelled. Seamus' is sympathetic, but reminds him who *actually* has to pay.

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CREDITS:
Written by Seamus Coughlin & Jennifer Maffessanti
Animated by Seamus Coughlin
Produced by Sean W. Malone
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LINKS:
https://fee.org/articles/student-loan-subsidies-cause-almost-all-of-the-increase-in-tuition/
https://fee.org/articles/elizabeth-warren-s-plan-to-eliminate-student-debt-is-worse-than-you-think/
https://fee.org/articles/why-forgiving-student-debt-would-solve-nothing/
https://fee.org/articles/there-is-no-way-to-cancel-student-loan-debt/
https://fee.org/articles/how-government-guaranteed-student-loans-killed-the-american-dream-for-millions/
https://fee.org/articles/if-student-loans-might-be-forgiven-why-not-borrow-more/