Quoted: Charles Wheelan ’88 on How Debt is Good—and Bad


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“We love borrowing for what it allows us to do—until we can’t pay it back. And we love bankers who make it possible—until we want to pelt them with stones,” says Senior Lecturer Charles Wheelan ’88 in a TIME magazine opinion piece about debt.

Wheelan is a senior lecturer in the Department of Economics and a policy fellow at the Nelson A. Rockefeller Center for Public Policy.

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