Student-loan payment pause extension

As Insider previously reported, the economic consequences of broad student-loan relief are controversial, but Marshall Steinbaum, senior fellow at the Jain Family Institute and economics professor at the University of Utah, told Insider the economy has been "more than fine" during the pause on payments, and there's no reason why that wouldn't continue with an additional extension — or debt cancellation.

"If we cancel student debt, what that really means is the federal government is choosing not to collect payments from debtors on the debt that's already issued," Steinbaum said. "Can the federal government afford that reduction in revenue of, say, $100 billion a year or some number like that every year, indefinitely? I think there's no doubt the answer to that question is yes." 

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