Manhattan Institute's Akers on Tackling Student Debt

The video discusses the national debate on student loan cancellation, highlighting its appeal to young graduates but questioning its policy sense due to its regressive nature. It emphasizes the economic benefits of college degrees and the affordability of student debt for most borrowers. The discussion also covers the different scenarios faced by borrowers, noting that those with smaller debts often struggle more than those with larger debts.

Discuss the implications of student loan cancellation on taxpayers and the economy.

What is the estimated rate of return on both associates and bachelor's degrees according to economists?

What is the typical percentage of income that borrowers are spending on repaying their student loans each month?

What are the two different camps of borrowers mentioned in the discussion?

Explain why the highest rates of default are seen among people with less than $5000 in student debt.