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Bernie Sanders’ Loan Bailout Would Benefit Colleges, Not Students

ByGuest Post

By Mary Clare Amselem Young Americans are being crushed by student loan debt. Unfortunately, a new bailout proposal wouldn’t help them much in the long term. On Monday, Sen. Bernie Sanders, I-Vt., and Rep. Ilhan Omar, D-Minn., introduced legislation to wipe out every dollar of student loan debt in the United States, eliminating it for…

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Why Forgiving Student Debt Would Solve Nothing

ByGuest Post

The time-honored American tradition of outlandish political promises continues apace. Now, the spotlight is on student debt. Democratic presidential candidate Elizabeth Warren added to the debate recently when she put forward a proposal to cancel $640 billion worth of federal and private student loans. Warren touts her plan as a way to boost the economy, redistribute wealth,…