Student Loan Forgiveness Hurts Most Americans

You may have seen over the past two weeks dozens of articles emerging detailing the Biden Administration’s plans to address the student loan debt crisis in the United States via executive fiat. While plans to cancel student loans may ostensibly sound noble, they actually penalize the majority of Americans who do not have a college degree. Instead of promoting personal responsibility, the Biden Administration is championing a plan that will increase taxes on the lowest earners in our nation to subsidize educational decisions made by the highest earners. This plan to cancel...