8 July 2012 0 Comments

Student Loan Bubble Part 5: The Con Loan Forgiveness

Richard Vedder of Ohio State sets out the reasons why Student Loan Forgiveness is not a good idea. The Forgotten Taxpayer agrees.

 

 

 

 

 

Here is a piece on forgiving student loans which the Obama Administration is preparing to do adding to national debt. Student loans are approaching a trillion dollars and much cannot be repaid. This is subprime housing model applied to higher education with knowledge and complicity of our institutions of higher education which have been enriching themselves at expense of Main Street’s Forgotten Taxpayer. READ MORE RICHARD VEDDER STUDENT LOAN FORGIVENESS – THE SECOND WORST IDEA 11 OCTOBER 2011

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