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Biden's Pick to Head Economic Advisors Seen as Sympathetic to Loan Borrowers
Inside Higher Ed: While President-elect Biden’s choice to chair his Council of Economic Advisors, Cecilia Rouse, didn’t call for canceling student debt, she expressed awareness of the impact debt has on borrowers in a 2007 research paper.
Rouse, in a paper co-authored with Jesse Rothstein, now a public policy and economics professor at the University of California, Berkeley, found that holding student debt made it more likely for students to choose high-paying careers and eschew lower-paying ones like teaching.
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