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Posts Tagged: “college“
Biden Student Loan Forgiveness Scheme Fixes Nothing
President Joe Biden recently announced a student loan forgiveness program. While it will provide some people a small amount of relief from student loan debt, this $300 billion taxpayer-funded scheme does nothing to address the underlying problem. In fact, it will exacerbate it. The underlying problem is the high cost of a college education.
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Updated and Revised Report: The Student Loan Bubble – Gambling With Your Future
Have you heard? The Democrats are going to fix the student loan mess! They’ve brought up the issue in almost every Democratic Party presidential debate. All we need is a good government program and we can easily solve this $1.64 trillion problem. Never mind that government programs caused the problem in the first place. Just […]
Peter Schiff: The Government Created the Student Loan Bubble
During a recent podcast, Peter Schiff talked about the student loan debacle. In a nutshell, it’s the government’s fault. Democratic presidential candidates have been talking about the student loan crisis. And it is indeed a crisis. The total of the outstanding student loans in the US has more than doubled since 2009 when it was […]
Fun on Friday: What? A Free iPad? I Didn’t Get Squat!
I was perusing my local newspaper’s website the other day when I came across this headline – “University of Kentucky to Give iPads to All Incoming Freshman This Fall.” I have to admit, just seeing the headline kind of annoyed me. Because you know what I got when I started at UK as a freshman […]
Parents Feeling the Student Loan Squeeze
Total household debt climbed to a record $13 trillion in 2017. One factor driving overall American indebtedness higher is the ever-increasing burden of student loans. A recent article in the New York Times focused on three charts that illustrate the ever-increasing toll of the student loan bubble – and it’s not just impacting students. Parents are […]