Student loan debt forgiveness can be characterized as a regressive policy in that it disproportionately benefits higher income households at the expense of working-class taxpayers who are already struggling. Besides, Biden’s plan does nothing to address the root causes of soaring tuition fees
Like any other economic good, the value of a higher education degree is determined on the market, at the intersection of the subjective valuations and appraisements of those constituting the supply and demand of that particular good.
Trump and Clinton are likely to look at this question. So does a new study.
Hundreds of thousands of college students graduated last month, and for many, their biggest concern is how to pay off their college debt. Americans currently hold $1.3 trillion in student debt—even more than they hold in credit card debt—and its preventing them from making investments, buying homes, and successfully meeting their financial obligations. That’s a […]