The function of debt-cancelling decrees was to restore socioeconomic balance, writes Eva von Dassow. That included inequity, so the cycle of borrowing-to-survive would start over.
Forgiving Debt: Ancient Analogies for the US
Tag: cancel student debt
Student Debt Cancellation a Racial Justice Issue
Presidential executive action to cancel up to $50,000 in student debts would increase Black wealth by 40 percent, the authors say.