Vox’s Student Loan ‘Expert’ Is Paid By Debt Collectors
Vox (8/7/23) published a piece arguing that “the White House should admit that student debt forgiveness isn’t happening,” and instead make sure that borrowers are prepared for loan repayments to begin again in October. But it failed to disclose that the author is on the student loan industry’s payroll.
The Debt Collective, the nation’s first debtor’s union, noted on Twitter (8/7/23) that the author, Kevin Carey, works for a corporate-backed think tank funded in part by the student loan industry, and has worked to undermine student debt cancellation for over a decade.
As a result, Carey’s argument that cancellation is futile, and that the White House’s efforts should be focused on helping students restart payments and avoid delinquency, reeks of feigned sympathy.