Helping College Students
Jan 18, 2016The skyrocketing cost of higher education is leaving our young with staggering debt. Naturally, the Obama administration wants taxpayers, including those who never attended college, to forgive the loans after a short period-but only if the borrower gets a job with government or a nonprofit. That’s a bad deal for the taxpayers who guarantee the $1 trillion in student debt. Before we bail out another $1 trillion debt bubble, we should be asking university administrators why tuition is going up faster than gasoline, groceries, housing, or even health care. Our state-run institutions are already heavily subsidized, but they still won’t control rising tuition costs. This must stop.