Author: Meerashree Goel

Meera is a sophomore from Singapore studying Economics and Psychology. She has a passion for language which she hopes to explore through the lens of financial literacy in BRB. Because of her interest in the intersection between government and the economy, she hopes to pursue a career in public policy. Outside of academics, Meera’s interests include stand-up comedy, poker, fashion, and running.

Forgive and “ForDebt”: A Student Loan Forgiveness Guide

By: Meerashree Goel

On: October 31, 2022

In: BRB Shorts, Financial Literacy

Despite the political backlash and uncertainty for the macroeconomy brought upon by their plan, the Biden Administration remains steadfast in its argument that it is a vital step for Americans in the ultimate goal of solving the student debt crisis. Moreover, they believe it to be an efficient and sustainable solution — they maintain that because of the high default rates for student loans, the actual cost of the debt forgiveness plan will be lower than the theoretical expectation; however, the specifics of that value have proven to be difficult to calculate. Continue Reading

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