Jonah Goldberg: Why blocking Biden’s student loan forgiveness plan is healthy for politics
Last week, the Supreme Court scuttled the Biden administration’s attempt to forgive more than $400 billion in student loan debt. As a matter of policy, broad-based student debt cancellation remains a terrible idea for a host of reasons. While targeting relatively small debts held by lower income community college graduates is more defensible, sweeping student debt forgiveness is regressive, ...
Last week, the Supreme Court scuttled the Biden administration’s attempt to forgive more than $400 billion in student loan debt.
As a matter of policy, broad-based student debt cancellation remains a terrible idea for a host of reasons.
While targeting relatively small debts held by lower income community college graduates is more defensible, sweeping student debt forgiveness is , rewarding people with an asset – a college or graduate degree – who are to pay it off than other debt-burdened Americans.
