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Transcripts for MSNBC The Mehdi Hasan Show 20240604 10:09:00

Black and brown communities, who have the most burden of student debt. because this is because of a lack of intergenerational wealth, wage discrimination, it makes it harder to pay off debts. it doesn t mean that people end up paying far more than the principal a lot of times. that calls into question why we even call this forgiveness. right? many, millions of people have paid what they initially borrowed but they are stuck in a debt trap trump. it sold as a left lane and it s an anchor that is dragging $45 million down, hurting communities. ultimately, i believe it s hurting all of us. i don t have student debt, but i believe this burden has to be lifted because it would be good for all of, us it would boost the economy, it would narrow the racial wealth gap, and the more we cancel, the more we reap those benefits. there is not a good argument out there from limiting to 10,000 or $50,000. the economic, social, political,

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