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Posts Tagged: “higher education“
The Student Debt Trap
Austrian economists are correct to point out the links between central banking, fiat currency, and the proliferation of bad and unnecessary debt.When society’s money is inflated to serve the interest of the ultimate debtor– the state– bad debt will abound, and the student loan crisis is no different. The following article was originally published by […]
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Biden’s Student Loan Plan “SAVE” Will Cost $230 Billion
As student loan debt in America swells to a staggering $1.7 trillion, President Joe Biden’s new SAVE plan could actually cost $230 billion, a CBO report finds. This is not only a classic case of robbing Peter to pay Paul — it will bring more inflation, make college more expensive and give the federal government […]