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Keyword: wheconomicadviser

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  • ‘I’m Not Gonna Let You Do The Thing’: Martha MacCallum, Bernstein Clash Over Student Loan Forgiveness

    08/30/2022 8:09:52 AM PDT · by Red Badger · 57 replies
    The Daily Caller ^ | 30 August 2022 | NICOLE SILVERIO
    Fox News anchor Martha MacCallum and White House economic adviser Jared Bernstein clashed over the administration’s handling of debt surrounding student loan forgiveness. MacCallum asked the question of who is paying for the $20,000 in student loan forgiveness provided to Pell Grant recipients and $10,000 for borrowers making under $125,000 a year. Bernstein disputed a University of Pennsylvania Wharton model that she cited, which predicted that student loan forgiveness will cost over $1 trillion, claiming the cost will be closer to $24 billion. MacCallum imagined a scenario where she had $15,000 in credit card debt and she is handed $5,000,...