Student Loan Debt - Is Cancellation What Our Economy Needs?

Explore the complex issue of student loan debt and its potential cancellation in this 58-minute panel discussion from The Aspen Institute. Delve into the economic implications of over $1.5 trillion in outstanding student loan balances held by more than 40 million Americans. Examine the temporary relief provided by the CARES Act and discuss the role of student loan debt relief in the nation's economic recovery, especially in light of the COVID-19 crisis. Learn from expert speakers, including a staff attorney from the National Consumer Law Center, a Harvard Business School professor, a Washington Post reporter, and an associate director from the Bipartisan Policy Center. Gain insights on topics such as student loan reform, debt collection targeting, challenges in executing the CARES Act, broad-based cancellation, equity considerations, and the impact on community colleges and private student loans. This event is part of a series exploring household financial challenges and their role in an equitable economic recovery.