In August 2022, President Biden announced a program to relieve student loan recipients of their obligation to repay $20,000 of their loans. Unsurprisingly, the move was very popular with those recipients. Some argue it swayed the 2022 off-year elections. However, it was controversial because of its unfairness. First, the action was grossly unfair to those … Read more
The latest benefit scheme making the rounds in time for the elections is student loan forgiveness. Given the great debt burden on graduates, candidates are piling on the bandwagon to find a platform from which to show how benevolent they can be with taxpayers’ money. Student debt now stands at $1.46 trillion with an additional … Read more
As the fall semester begins, students are attending classes and incurring great debt. Uphold Marriage and the Family; Uphold Society: Sign the Return to Order Petition A July report of the Federal Reserve Bank of Philadelphia finds that student loans have increased tenfold since 1999. Even worse is the acceleration of this debt over the … Read more
