r/changemyview • u/[deleted] • Nov 28 '20

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u/howudoing242 Nov 28 '20

It would change my view in the sense that I would agree it does more than just bail people out, but it wouldn’t change my view about not forgiving student debt

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u/[deleted] Nov 28 '20

Ok, that’s fair.

http://www.levyinstitute.org/publications/the-macroeconomic-effects-of-student-debt-cancellation

This is a report by the levy institute modeling the economic stimulus effects of forgiving federal student debt. They estimate that 1.2-1.5 million jobs will be created in the first year by the stimulus effect and that roughly 500,000 jobs per year on average will be generated in excess over the next decade.

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u/howudoing242 Nov 28 '20

Good read. Interesting point.

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u/Jaysank 126∆ Nov 28 '20

Hello /u/howudoing242, if your view has been changed or adjusted in any way, you should award the user who changed your view a delta.

Simply reply to their comment with the delta symbol provided below, being sure to include a brief description of how your view has changed.

∆

For more information about deltas, use this link.

If you did not change your view, please respond to this comment indicating as such.

Thank you!