The Misguidedness of Forgiving Student Loans

January 18, 2021 Want to hear a universally bad idea? Many of the most liberal Democrats want to give away $1.6 trillion in outstanding student loans. The average student loan debt is $35,000. President-elect Joseph Biden wants to forgive $10,000 of every student loan. Senator Chuck Schumer wants to forgive up to $50,000 of all …

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