"The burden makes it hard to start a family, buy a home or open a business. That’s a long-term drag on growth."

>"It would have been a great idea in 2008. In an inflationary world, it's trickier."

"Though Biden has extended the payment pause through August, over 5 million people will face serious financial risk once it expires."

>"Black women sit at the intersection of racism and misogyny, so it’s not surprising they have the highest loan burden. But the scope of the disparity is shocking."

"Adam Looney argues that only targeted policies can address the inequities caused by federal student lending programs."

"No business ever runs out of money. This is true even of businesses that routinely lose money. As evidenced by the high failure rate in Silicon Valley, the oil patch, and in the pharmaceutical space, investors are a patient lot."

"Student body leaders representing over 1 million people recently urged President Biden to cancel student debt. Now is the moment to join them."

"Student loan borrowers will face a serious squeeze this spring when a federal moratorium on their debt payments expires amid surging inflation."

"Stymied by Congress, the president could make $1 trillion in student loans disappear all by himself."

Legalize marijuana and use the tax money to pay off student debt is seems to be great. If we legalized it and used the tax money strictly for education from pre-k to a 4 year degree program then I think this would solve the majority _...Read More_

"Debt in low-and middle-income economies has climbed to levels without precedent in modern times, writes the World Bank's Marcello Estevão."

"China cut its one-year loan prime rate (LPR) on Monday for the first time since April 2020 amid mounting economic pressures."

"Both the central bank’s actions and the Politburo’s words point to modest easing."

"An academic paper found that destroying the Death Star would trigger an economic crisis in “Star Wars'” fictional universe."

>"The Turkish president is at war with the markets."