# Professor Constantine Yannelis is quoted in a story on the tax bills associated with income-driven student debt repayment

1 Faculty News June 24, 2018 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](https://www.wsj.com/articles/student-debt-forgiveness-is-a-wonderful-boon-until-the-irs-comes-calling-1529852411?mod=searchresults&page=1&pos=4) -- "'I’m very doubtful that everybody is going to be able to make these tax payments,' said [Constantine Yannelis](http://www.stern.nyu.edu/faculty/bio/constantine-yannelis), an assistant professor of finance at New York University who worked in the Obama Treasury Department. 'And I’m also doubtful that policy makers and society as a whole are going to be OK with jailing people for tax evasion because their student-loan balances are being forgiven.'"

[Read more](https://www.wsj.com/articles/student-debt-forgiveness-is-a-wonderful-boon-until-the-irs-comes-calling-1529852411?mod=searchresults&page=1&pos=4)