Obama Economist Blasts Biden Student Loan Forgiveness: Gasoline on a Fire

St. Norbert college students return for normal year

Students, staff hopeful of a return to a normal year.

St. Norbert College welcomes new students as student loan forgiveness remains hot topic

DE PERE (WLUK) -

Obama economist calls Biden student debt relief ‘gasoline on inflationary fire’

The Biden administration sweeping student loan relief initiative is irresponsible and likely to make decades-high inflation even worse, according to the chief economist to former President Barack Obama.

Ex-Obama adviser blasts Biden’s ‘reckless’ student loan forgiveness

Harvard professor Jason Furman called it ‘pouring roughly half trillion dollars of gasoline on the inflationary fire’.

Obama Economist Slams ‘Reckless’ Biden Student Loan Forgiveness

“Pouring roughly half trillion dollars of gasoline on the inflationary fire that is already burning is reckless.

Biden's student debt forgiveness is a potential midterm boon for Democrats — and a major gamble

Biden's long-awaited announcement could\u00a0have ripple effects in\u00a0battleground Senate and House race across the country.