Data vs. emotion: Student loan forgiveness is a bad, bad idea

Will a bunch of numbers (often misunderstood) really change someone's entrenched beliefs? Er, no.

Came across this article on Wharton's website this morning, which is based on a paper about the economic impacts of student loan forgiveness. Everyone just assumes that forgiving student loans -- somewhere on the order of $1.6 trillion -- would free up a bunch of money and jump the economy, i.e. younger people could buy homes, whatever whatever. Instead…