Three Reasons Why We Shouldn’t Bailout Student Loan Debt
Three reasons, from the folks at Reason, why bailing out student loan debt is a bad idea:
The folks at Reason seem a bit dismissive about the amount of student loan debt. As if the average of only $25,000 in debt per student were a relatively small amount. In truth, $25,000 in debt is a lot to start out life with. In fact, total student loan debt is more than total credit card debt in America.
It’s bad, and getting worse with every day we use public policy to turn higher education into an entitlement.Tags: bailouts, higher education, higher education bubble, student loan bubble, student loan debt