Eliminating student debt would be a terrific economic stimulus

 

Source: Michael Hiltzik - L.A. Times ( Paid Registration )

The student debt crisis reentered the news cycle Monday (has it ever really gone away?) when Sen. Bernie Sanders released a proposal to cancel all existing student debt while making all public higher education free.

The headline writers’ instant treatment of Sanders’ plan was that he was one-upping Elizabeth Warren, his nearest progressive rival in the race for the Democratic nomination for president. Warren announced her own plan to eliminate student debt back in April, and Sanders goes further than she did.

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