To Forgive or Not to Forgive: A Closer Look at the Biden Administration's Student Debt Relief Plan
May 24, 2023 | 2:00 - 4:30 pm | National Press Club
Join APPAM, Journal of Policy Analysis and Management (JPAM), and special guests for a panel discussion on the Biden Administration's proposed student debt relief plan as we explore the benefits and drawbacks of this historic and controversial proposal.
The plan, announced in August 2022, aims to provide one-time relief to millions of low- and middle-income families burdened with student loan debt. However, the plan has faced legal challenges from critics who argue that it oversteps the boundaries of executive authority, and these challenges are set to be heard by the Supreme Court in February 2023. Regardless of the Supreme Court's decision, the Biden administration appears determined to pursue some form of a relief program that would aim to reduce student debt payments for millions of Americans in the future. As the legal battles continue and the fate of the original proposed plan remains uncertain, our panel offers a unique opportunity to gain insights from two experts on the intricacies of the administration’s approach to providing debt relief, as well as its potential impact on both the economy and society. Don't miss out on this timely and thought-provoking discussion about the future of student debt relief.
This event is based off JPAM's segment "Point/Counterpoint." Learn more about the format here.
Danielle Douglas-Gabriel, The Washington Post
Danielle Douglas-Gabriel is a national higher education reporter at The Washington Post who covers college affordability, accountability and state and federal financial aid policy. She writes about higher education from the perspective of a first-generation college graduate who relied on need-based grants, scholarships, loans and working to pay tuition.
Danielle joined the national economy desk in July 2012 from Capital Business, a Post publication where she served as the local retail, hospitality and banking reporter for two years. Before Capital Business, Danielle was the managing editor of Real Estate Forum, a commercial real estate trade magazine.
Elizabeth "Beth" Akers, American Enterprise Institute (AEI)
Elizabeth “Beth” Akers is a senior fellow at the American Enterprise Institute (AEI), where she focuses on the economics of higher education. Before joining AEI, she worked as a senior fellow at the Manhattan Institute, a visiting research scholar at the Federal Reserve Board, a fellow at Brookings Institution, and a staff economist at the Council of Economic Advisers under President George W. Bush.
Dr. Akers has a PhD in economics from Columbia University and a BS in mathematics and economics from the State University of New York at Albany.
Marshall Steinbaum, University of Utah
Marshall Steinbaum is an Assistant Professor of Economics at the University of Utah and a Senior Fellow in Higher Education Finance at Jain Family Institute.
He is an empirical labor economist by training, and his research investigates the existence and implications of employer power in labor markets, with applications to antitrust, higher education, and student debt.