Education

The end of student loans

From The Hill: “When it comes to student loans, President Biden is acting like Lucy removing the football just as naïve Charlie Brown is persuaded to kick it. Every time the president sets a new date to resume student payments, he takes it away. Student borrowers wonder when payments will start again and if they do, where they will find the money they long since spent. Delaying payments is not a policy; it is the absence of a policy. But it does make almost certain that student loans will go unpaid. A loan without discipline, without enforced rules, is just silly. The student loan program always was.”

View the full article from The Hill.