Gerald Daniels
Gerald Daniels is an Associate Professor of Economics and Associate Director of Undergraduate Studies in the Department of Economics at Howard University and Co-Director of the American Economic Association Summer Training Program hosted by the Department of Economics at Howard University. His primary research interests are in Macroeconomics, Economics of Inequality, Economic Growth, and Applied Econometrics. Daniels also has a considerable interest in Big Data Analytics. Daniels’ current research focuses on a variety of topics revolving around student loan debt and economic inequality.
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Turning research into actionWho Benefits from Blanket Student Loan Forgiveness?
The media is replete with articles speculating about President Biden’s across-the-board student loan debt relief plans, given that federal student loan debt exceeds $1.6 trillion spread across 43 million borrowers, according to the Federal Student Aid portfolio summary for 2022. These plans for broad-based forgiveness extend beyond the existing pause on student loan payments implemented through COVID-19 emergency relief, Public Service Loan Forgiveness Program waivers, and forgiveness for borrowers defrauded by for-profit institutions and borrowers with disabilities.
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This project will examine the impact of existing student debt forgiveness policies on racial wealth gaps, specifically on Black-White and Hispanic-White wealth gaps.
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