Warren: 'Just No Evidence that Canceling Student Loan Debt Contributes to Inflation'

Warren: 'Just No Evidence that Canceling Student Loan Debt Contributes to Inflation'


Thursday on CNN’s “New Day,” Sen. Elizabeth Warren (D-MA) responded to the argument that canceling student loan debt would only drive up inflation, which is already at a record-high in the United States.

Warren argued that there was “just no evidence that canceling student loan debt contributes to inflation.” She added the cancellation of student debt “would be a huge relief for tens of millions of working people.”

“[K]eep in mind that even conservative economists say, no, maybe, maybe it could be about two-tenths of 1% effect on inflation,” Warren outlined. “There is just no evidence that canceling student loan debt contributes to inflation. But here’s what it does — it relieves the burden of payment for a lot of working families. Keep

Trending: JUST IN: Ghislaine Maxwell Sentenced to 20 Years in Prison in Epstein Sex Trafficking Case

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend