Lawsuit To Block Student Loan Bailout Can Set Stage for Solving Debt Crisis - News Summed Up

Lawsuit To Block Student Loan Bailout Can Set Stage for Solving Debt Crisis


Written by Elaine Parker for RealClear WireBailing out student debt bails colleges out of their culpability in this crisis. By striking down this debt forgiveness, JCN’s lawsuit can lay the groundwork to actually solve the student debt crisis and hold its college perpetrators accountable. It does nothing to reverse runaway college tuition, which is the root cause of the student loan problem. The nonpartisan Committee for a Responsible Federal Budget concludes that college debt levels will return to today’s level within five years. Policymakers can fix the college debt crisis by involving the government less, not more, in higher education.


Source: Washington Post October 14, 2022 15:40 UTC



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