The Student Loan Forgiveness Scam

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It’s hard to imagine how we could screw up higher education any more than we already have, but we’re about to—if we make sweeping student loan forgiveness a reality.

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The Government should never have gotten into the student loan business. That’s the problem. Unless you choose business, law, or medical, a college degree DOESN’T guarantee a better job.

She’s absolutely correct how “student loan forgiveness” benefits universities more than any other party. It greatly expands the marketplace for their overpriced fare. Students drawn to a prestige university name but limited means can simply secure federally guaranteed loans, rather than pay reasonable tuition at state universities.

1 COMMENT

  1. This is a buy vote scam. The government should not use tax payer money to pay for student loans. We paid for ours and should not pay for others.

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