Education

Wall Street’s failed student loan experiment must be ended

From Times Higher Education: “In his last political act of 2021, Joe Biden announced he would again extend a two-year freeze on federal student loan repayments. Having previously vowed that there would be no more extensions, the US president’s reversal once more confirmed that the nation’s failed three-decade experiment with student debt is over. The proponents of student loans still shamble along, recycling the old justifications, but they appear increasingly out of step with a public opinion that rightly reflects the experiences of millions of debt-laden borrowers and their families.”

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