Commentary With the Biden administration’s announcement this week that it would continue the moratorium on student loan payments through the beginning of next year and will forgive up to $20,000 in student loan debt per student, student loan forgiveness is at the top of the current political agenda. Meanwhile, there’s little talk about bringing the cost of…
Why College Prices Have Spiraled
August 31, 2022
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Government the Problem, Not Solution, on College Costs
Commentary No sooner had President Joe Biden announced his plan for student loan debt forgiveness—$10,000 for non-Pell grant recipients and $20,000 for Pell Grant recipients—the president of the National Association for the Advancement of Colored People (NAACP) was complaining that it should be more than twice as much. At least $50,000. Brookings Institution scholar Andre M….
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