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While President Biden claims that forgiving student loans helps reduce college costs, it is the loan program itself that is responsible for much of the explosive growth of higher education spending.
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We must confront the reality that “cancellation” of student loan debt may successfully serve a political campaign promise, but it fails as serious policy. America’s polarized political system is ripe for radical ideas. Democratic political systems are based on the notion that politicians must find ways to appeal to voters. As the demographics of a …
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The billionaire financier who promised to pay off an entire college class’s student debt is under federal probe for possible tax crimes, a new report says. A web of offshore financial transactions is at the heart of the probe of Robert F. Smith, a money manager and philanthropist who is the wealthiest black person in …
While President Biden claims that forgiving student loans helps reduce college costs, it is the loan program itself that is responsible for much of the explosive growth of higher education spending.
