{"id":230189,"date":"2021-04-19T08:35:00","date_gmt":"2021-04-19T05:35:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/its-time-to-go-big-elizabeth-warren-makes-aggressive-push-for-student-debt-cancellation\/"},"modified":"2021-04-19T08:35:00","modified_gmt":"2021-04-19T05:35:00","slug":"its-time-to-go-big-elizabeth-warren-makes-aggressive-push-for-student-debt-cancellation","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/its-time-to-go-big-elizabeth-warren-makes-aggressive-push-for-student-debt-cancellation\/","title":{"rendered":"#\n  \u2018It\u2019s time to go big\u2019: Elizabeth Warren makes aggressive push for student-debt cancellation"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3e0835df47a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3e0835df47a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/its-time-to-go-big-elizabeth-warren-makes-aggressive-push-for-student-debt-cancellation\/#%E2%80%98How_equitable_is_it_to_ask_taxpayers_who_havent_gone_to_college_to_pay_for_those_who_have_gone_to_college\" >\u2018How equitable is it to ask taxpayers who haven\u2019t gone to college to pay for those who have gone to college?\u2019<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/its-time-to-go-big-elizabeth-warren-makes-aggressive-push-for-student-debt-cancellation\/#The_White_House_has_appeared_supportive_but_also_hesitant_towards_student_debt_cancellation\" >The White House has appeared supportive but also hesitant towards student debt cancellation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/its-time-to-go-big-elizabeth-warren-makes-aggressive-push-for-student-debt-cancellation\/#How_you_view_the_problem_impacts_how_you_would_solve_it\" >How you view the problem impacts how you would solve it<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/its-time-to-go-big-elizabeth-warren-makes-aggressive-push-for-student-debt-cancellation\/#Exchange_highlights_challenges_accessing_relief_thats_already_available\" >Exchange highlights challenges accessing relief that\u2019s already available<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/its-time-to-go-big-elizabeth-warren-makes-aggressive-push-for-student-debt-cancellation\/#%E2%80%98During_that_time_people_will_still_be_suffering\" >\u2018During that time people will still be suffering\u2019<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/its-time-to-go-big-elizabeth-warren-makes-aggressive-push-for-student-debt-cancellation\/#Jillian_Berman\" >Jillian Berman<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  \u2018It\u2019s time to go big\u2019: Elizabeth Warren makes aggressive push for student-debt cancellation<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"%E2%80%98How_equitable_is_it_to_ask_taxpayers_who_havent_gone_to_college_to_pay_for_those_who_have_gone_to_college\"><\/span>\n  \u2018How equitable is it to ask taxpayers who haven\u2019t gone to college to pay for those who have gone to college?\u2019<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div class=\"cx--next\">\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000231802\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       What would it mean to cancel student debt? A variety of opinions were on display during a hearing convened Tuesday by Senator Elizabeth Warren, a Massachusetts Democrat, her first as chair of the subcommittee on economic policy.\u00a0<\/p>\n<p> For Warren, who has been urging President Joe Biden to cancel up to $50,000 in student debt since she campaigned for president, broad-based student-loan discharge would mean declaring the nation\u2019s higher education finance system, \u201ca big failure.\u201d\u00a0<\/p>\n<div class=\"paywall\">\n       \u201cWe\u2019ve tried piling one complicated program on top of another to help people manage their debts,\u201d Warren said. \u201cIt\u2019s time to go big and to go simple.\u201d\u00a0<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span><br \/>\n        Warren convened the hearing to make the case for student-debt cancellation, a policy she\u2019s been pushing since her presidential campaign.<br \/>\n        <span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span><\/p><\/div>\n<\/p><\/div>\n<p>       Warren convened the hearing to make the case for student-debt cancellation, a policy she\u2019s been pushing since her presidential campaign. Ahead of the event, Warren released an analysis of Department of Education data requested by her office, which found that cancelling up to $50,000 in student debt would eliminate the loans for more than 36 million borrowers \u2014 3 million of whom have been paying for 20 years or more.\u00a0<\/p>\n<p> During the hearing, Warren touted the data as ammunition for her case, which has many backers. Senator Chuck Schumer, a Democrat of New York and the majority leader, has joined Warren in urging President Biden up to cancel $50,000 in student loans. <\/p>\n<p>Activists have been pushing for years for all student loans to be wiped away and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ourfinancialsecurity.org\/2021\/04\/sign-on-letter-over-410-orgs-call-on-president-biden-to-cancel-federal-student-debt-immediately-via-executive-action\/\" class=\"icon none\">over 400 advocacy groups<\/a>, including those working on consumer, civil rights and other issues, released a letter Tuesday urging the president to cancel student debt.\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"The_White_House_has_appeared_supportive_but_also_hesitant_towards_student_debt_cancellation\"><\/span>The White House has appeared supportive but also hesitant towards student debt cancellation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>But the idea remains controversial. Biden and his administration have expressed some support for cancelling student debt, though at other moments, the President has <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>eared hesitant to pursue it. White House Press Secretary Jen Psaki said last month Biden hasn\u2019t ruled out cancelling student debt by executive action. Still, she added that he continues to call on Congress to cancel $10,000 in student loans.\u00a0<\/p>\n<p>Then there are those who are more skeptical. Senator John Kennedy, a Louisiana Republican and the ranking member of the subcommittee, questioned the fairness of student-debt cancellation at the hearing, wondering out loud, \u201cHow equitable is it to ask taxpayers who haven\u2019t gone to college to pay for those who have gone to college?\u201d<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span><br \/>\n        \u2018This is an extremely regressive policy \u2014 it provides more assistance to higher income rather than lower income borrowers.\u2019<br \/>\n        <span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span><\/p>\n<p>        <small><br \/>\n          <span class=\"inset-author article__inset__pullquote__author\">\u2014 Constantine Yannelis, an assistant professor of finance at the University of Chicago Booth School of Business<\/span><br \/>\n        <\/small><\/p><\/div>\n<\/p><\/div>\n<p>       Constantine Yannelis, an assistant professor of finance at the University of Chicago Booth School of Business, portrayed student-debt cancellation as a too-dramatic approach that risks troubling consequences. \u201cThis is an extremely regressive policy \u2014 it provides more assistance to higher income rather than lower income borrowers,\u201d he said.\u00a0<\/p>\n<p> Beth Akers, a resident scholar at the American Enterprise Institute, a conservative think tank, echoed that sentiment and told the committee that widespread student-loan cancellation would \u201ccreate moral hazard\u201d or the idea that the knowledge of a possible relief valve from loans would incentivize borrowers not to repay their debts and schools to charge more.\u00a0<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Dominique Baker, an assistant professor of education policy at Southern Methodist University, offered a different view. She told the subcommittee that student-debt cancellation is a required component of fundamental change to the student-loan system. \u201cTrue reform necessitates that government works to both overhaul the system and provide relief for past shortcomings,\u201d Baker said. \u201cFor the student-debt crisis, student-loan cancellation is part of that relief.\u201d\u00a0<\/p>\n<p>But perhaps the most convincing witness on the impact of student-debt cancellation was Darimir Perez, a New York City guidance counselor. When asked by Senator Tina Smith, a Minnesota Democrat, how relief from student loans would impact her life, she told the committee:\u00a0<\/p>\n<p>\u201cAside from the emotional and mental stability that it will provide me and my children \u2026I will be able to support them more in their journey, I will be able to also help my family,\u201d she said, noting that she\u2019d like to help her sister pay for college.\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"How_you_view_the_problem_impacts_how_you_would_solve_it\"><\/span>How you view the problem impacts how you would solve it<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The range of opinions on the impact of student-debt cancellation stem in part from the range of views on what problem exactly needs to be solved. The skeptics of the proposal portrayed the student-loan system to the committee as flawed, but well-intentioned. <\/p>\n<p>They called access to federal student loans \u201can opportunity for economic mobility,\u201d education \u201cthe single highest investment most Americans will make\u201d and characterized poor outcomes for borrowers as a result of poor quality schools.\u00a0\u00a0<\/p>\n<p>The solution to these challenges is to tweak what\u2019s already in place, they argued; streamlining available repayment plans and holding colleges more accountable for the outcomes of their students.\u00a0\u00a0<\/p>\n<p>But to Warren, a long-time critic of the student-loan system, and other proponents of student-debt cancellation, evidence that the system isn\u2019t working as promised are a signal for bolder action. For example, research indicates that a tool meant to encourage economic mobility is widening the wealth gap between Black and white households.\u00a0<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span><br \/>\n        Senator Bob Menendez, a Democrat of New Jersey, said a borrower has a better chance of being struck by lightning than of having their debt cancelled through income-driven repayment.<br \/>\n        <span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span><\/p><\/div>\n<\/p><\/div>\n<p>       In addition, the routes to relief the government has already promised to borrowers can be hard to access. A tense exchange during the hearing illustrates how one\u2019s level of faith in those programs to deliver can influence their opinion of student-debt cancellation.\u00a0<\/p>\n<p> Senator Bob Menendez, a Democrat of New Jersey, told the committee that a borrower has a better chance of being struck by lightning than of having their debt cancelled through income-driven repayment, a program that allows borrowers to pay their debt off as a percentage of their income and have the remaining balance discharged after at least 20 years of payments.\u00a0<\/p>\n<p>His comments were based on a recent analysis, which found that despite 2 million borrowers repaying their federal student loans for at least 20 years, just 32 have had their debt cancelled through the program.\u00a0<\/p>\n<p>Yannelis told Mendenez, \u201cthat\u2019s an extremely misleading statistic,\u201d referring to the Senator\u2019s comparison to being struck by lightning.\u00a0\u00a0<\/p>\n<p>Yannelis and a colleague have argued that tweaking the income-driven repayment program would provide more relief to low-income borrowers than broad-based student debt cancellation. But his analysis is based in part on the premise that borrowers are able to access that relief at the end of 20 years of payments.\u00a0<\/p>\n<p>\u201cI think your analysis is extremely misleading to be honest with you, thank you very much,\u201d Mendenez shot back.\u00a0\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Exchange_highlights_challenges_accessing_relief_thats_already_available\"><\/span>Exchange highlights challenges accessing relief that\u2019s already available<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Part of the reason borrowers struggle to access student-loan relief that\u2019s already available is because student-loan programs are complicated. But in addition, critics of the student-loan system as it is, like Warren, have pointed out the role student loan companies play in making it more challenging than necessary for borrowers to repay their debts.\u00a0<\/p>\n<p>Mendenez grilled Jack Remondi, the chief executive officer of Navient<br \/>\n        NAVI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204528402\/composite\" class=\"positive\">+0.20%<\/bg-quote><span>,<\/span><br \/>\n       on the several million dollars in pay he\u2019s received over the past few years even as his company has faced a slew of lawsuits from states attorneys <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> and others, alleging that they\u2019ve thrown obstacles in the way of borrowers successfully managing their loans. (The company <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/news.navient.com\/legal-action-facts\" class=\"icon none\">has repeatedly denied <\/a>these accusations, calling them \u201cunfounded\u201d).\u00a0<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span><br \/>\n        Warren called on the Department of Education to fire Navient and the Pennsylvania Higher Education Assistance Agency.<br \/>\n        <span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span><\/p><\/div>\n<\/p><\/div>\n<p>       During the hearing, Warren called on the Department of Education to fire Navient and the Pennsylvania Higher Education Assistance Agency, or PHEAA, the institution that manages the Public Service Loan Forgiveness program, which has been plagued with challenges.\u00a0<\/p>\n<p> An exchange over the PSLF program, which allows borrowers working in public service to have their federal student loans forgiven after 10 years of payments, highlighted the role of student loan servicers\u2019 in borrowers\u2019 ability to access the relief they\u2019re entitled to.\u00a0<\/p>\n<p>\u201cThe 98% denial rate is not due to complexity alone,\u201d Senator Chris Van Hollen,\u00a0 a Maryland Democrat, said of the rejection rate of applicants to the PSLF program in its first year. \u201cIt\u2019s because borrowers have not gotten the guidance,\u201d that the Senators and the borrowers themselves, believe they\u2019re entitled to.\u00a0<\/p>\n<p>\u201cIt has taken what has admittedly been a complicated process and made it worse,\u201d Van Hollen said.\u00a0<\/p>\n<p>Van Hollen cited the story of a constituent working in public service who made on-time payments on his loans for 10 years only to find out then that he didn\u2019t have the right type of federal student loan to qualify for PSLF. Van Hollen noted that the borrower was in touch with his servicer, Navient, but never received guidance that his loan wouldn\u2019t qualify for relief.\u00a0<\/p>\n<p>\u201cDon\u2019t you agree that this kind of miscommunication is a significant part of why we have a 98% denial rate?\u201d Van Hollen asked Remondi.\u00a0<\/p>\n<p>\u201cIt is complicated and we are working on that,\u201d Van Hollen added, \u201cbut 98% denial rate is not only the result of a complicated program.\u201d\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"%E2%80%98During_that_time_people_will_still_be_suffering\"><\/span>\u2018During that time people will still be suffering\u2019<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The challenges borrowers face accessing relief they were promised is part of why supporters of debt cancellation, like Warren, see changes to the existing student-loan system as insufficient. Towards the end of the hearing, Warren asked Baker whether improving income-based repayment and Public Service Loan Forgiveness would be an adequate solution to the student-debt crisis.\u00a0<\/p>\n<p>Baker responded that reforming the system to the level some experts aspire to would take years. \u201cDuring that time people will still be suffering,\u201d Baker said. That\u2019s why she sees student-debt cancellation as a tool that will supplement reform, she added.\u00a0<\/p>\n<p>Perez is one of those borrowers waiting on relief. Asked by Smith to respond to the idea that student-debt cancellation would create a moral hazard for borrowers like her \u2014 essentially encourage them to act irresponsibly and take on more debt \u2014 Perez responded:\u00a0\u201cI think of myself as someone who is very responsible,\u201d she said.<\/p>\n<p>She recalled that her choice of school and program was based in large part on affordability and the idea that she would be able to access some debt relief. \u201cI did think that I was taking the right steps and avoiding taking loans because I knew my responsibility was to pay that loan,\u201d she said.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Jillian Berman\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Jillian_Berman\"><\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/marketwatch.com\/author\/jillian-berman?mod=MW_author_byline\">Jillian Berman<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D3897AF5FE7E%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# \u2018It\u2019s time to go big\u2019: Elizabeth Warren makes aggressive push for student-debt cancellation &#8221; \u2018How equitable is it to ask taxpayers who haven\u2019t gone to college to pay for those who have gone to college?\u2019 What would it mean to cancel student debt? A variety of opinions were on display during a hearing convened&#8230;<\/p>\n","protected":false},"author":1,"featured_media":230190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-230189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/230189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=230189"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/230189\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/230190"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=230189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=230189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=230189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}