Any student loan forgiveness plan is likely to anger those who’ve already paid back their loans. Also, the practice of forgiving federal loans sets a bad precedent. Students will be encouraged to borrow too much, and delay repayment until the government writes off the balance once again. The message is don’t pay, and get free stuff from the government.

See Thru Edu is a project of the Texas Public Policy Foundation

Thomas K. Lindsay, Ph.D., Editor in Chief and Director, Center for Higher Education, Texas Public Policy Foundation

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