Student debt and moral hazard: To forgive or not to forgive?

During primary elections in the United States, it’s hardly unusual for those seeking their party’s nomination to make outlandish promises that aren’t likely to be kept. Thus we saw Senator Elizabeth Warren recently outlined her plan to abolish student debt, and pay for it by levying a tax on the super-rich (however that is defined). Continue Reading…
Related posts:
Moral hazard at the root of our student debt crisis
Explainer: What You Should Know About the Debt Ceiling
Explainer: What you should know about the debt ceiling

Read more at The Acton Institute