The Right Way to Cancel Student Debt

A collaboration between JFI and Debt Collective, the issue brief, by Sparky Abraham, Jalil Mustaffa Bishop, Daniel Collier, Eduard Nilaj, Marshall Steinbaum, and Astra Taylor, makes a data-driven case for universal, automatic, and generous debt cancellation.

Student debt cancellation presents a historical opportunity to take decisive action that will directly improve the lives of tens of millions of Americans, while providing far-reaching positive economic benefits for everyone.

The two criteria by which this debt cancellation might be limited—by income and by total amount—risk undoing the practical and political benefits cancellation is aimed to achieve.

Full paper available as a PDF here.

View JFI’s ongoing Millennial Student Debt series here.