Education8 min read
Student Debt Cancellation
The economics of federal loan forgiveness — who benefits, who pays, and what it doesn't fix.
Coming soon
This explainer is planned but not yet fully written. The summary below provides an overview; the full analysis with charts, stakeholder breakdowns, and citations is in progress.
Student debt cancellation would relieve burden from 45 million borrowers. But the distributional effects are complex: in absolute terms, forgiveness flows disproportionately to higher-income college graduates, while the underlying cost structure of higher education remains unchanged.