Platform: iMessage Timezone: UTC+0000 LS Larry Summers [email protected] 2019/06/24 [email protected] How are you 06:09:56 am If Bernie were to cancel all student debt. . how Is that reflected on govt books/ ? 09:05:02 am Do the borrowers get income? 09:05:13 am Larry Summers I doubt borrowers get income but not certain. If they did many who struggle w debt service would get a whopping tax bill. I suspect a balance sheet impact but not a deficit impact. Depends on whether it's framed as a give away or recognition of reality. LS 09:20:43 am [email protected] How's the rehab. ? 10:34:39 am My mathemactics guys. All said the propensity of the common man to put numbers on things where they don't belong is the answer to the odds probability questions et. 10:36:24 am Send peril flowers 10:40:53 am EFTA01621171