Saturday, August 8, 2009
Quick Remark: Debt Jubilee - Joe Costello's
The Huffington Post has picked up the idea of forgiving student loan debt. In Joe Costello's editorial blog, "The Case for Wiping out American Debt, " he calls for a debt Jubilee, which would entail massive debt forgiveness. Costello's argument goes beyond student loan debt, but he regards this burden of debt as critical to the economic health of the U.S.