Why Canceling Student Debt Could Be Good for Everyone

Why Canceling Student Debt Could Be Good for Everyone

When it comes to the student debt crisis, Democratic presidential contender Sen. Elizabeth Warren (D-Mass.) wants to go big. On Monday, Warren announced a planthat would simply cancel out a vast chunk of the $1.5 trillion in student loans currently hanging over Americans' heads.

As a straightforward alleviation of human suffering, the plan is worth doing. But it also has merits as a raw boost to the economy.

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