Millions took on debt for college but left without graduating, making it harder to repay their loans. Will the Biden administration’s relief plan get them to try again?
Instead of making higher education free, we subsidize it later through repayment plans and attempts at debt cancellation. The complexity is disrespectful.
The student loan plan is the latest example of Democrats practicing the art of the possible on the nation’s most pressing economic challenges and ending up with risky or patchwork solutions.