Forgive and Forget Won’t Fix College Debt

“Free” college and loan forgiveness are increasingly popular ideas. According to a recent AOL News poll, for example, 49 percent of respondents believe every state should offer free four-year public college tuition. Another poll by MoneyTips.com found that nearly 42 percent of respondents favored forgiving all student loan debt.
Such results are understandable. After all, who doesn’t like forgiveness and free stuff?
The ones paying for it, that’s who–especially since the bill’s probably going to be pretty steep.
Total student debt now tops $1.4 trillion, and there’s growing evidence that borrowing by the federal government to subsidize its student lending is hurting the economy.
President Trump has

Read more at The Independent Institute