What are the potential effects of student loan forgiveness on the economy?
Student loan forgiveness could lead to increased consumer spending, as borrowers would have more disposable income.
How might it affect housing markets?
It could boost housing markets, as forgiven borrowers may be more likely to buy homes without student debt holding them back.
Are there any negative consequences to consider?
Yes, some argue it could lead to inflation or increased taxes to cover the cost of forgiveness.
What about its impact on future students?
It might encourage higher education enrollment, but could also lead to higher tuition costs if institutions anticipate more forgiveness.
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