June 28, 2017

HIGHER EDUCATION BUBBLE UPDATE, LEGAL EDUCATION EDITION: Trump And Devos Deliver One-Two Punch On Law School Loans. “For young lawyers hoping that public service loan forgiveness could be an answer to a lifetime of student debt burdens, President Trump has some bad news. Rather than remedy the problems with a program that can provide enormous help to many recent grads and the organizations for which they work, he wants to eliminate it altogether.”

That’s a good idea, actually. This is just a subsidy for the left, and one that encourages students to underestimate the damage done by student loan debt. Next, make student loans dischargable in bankruptcy, but with a portion charged back to the institutions that received the money.

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