From WSJOpinion: Who pays for student-debt forgiveness? Taxpayers who didn’t go to college, didn’t take on debt or paid it off already
On June 24, 2019, Bernie Sanders laid out a ten year, $2.2 trillion plan to pay off the student loan debt for over 45 million Americans, and fund public college. Image: GettyDemocrats have begun a bidding war over student-debt forgiveness. Joe Biden proposes to expand it for public-school teachers. Elizabeth Warren wants to forgive 75% of all student debt. Bernie Sanders has raised the stakes to 100%.
No one doubts that student debt, which amounts to some $1.6 trillion in total, is a burden, or that college is a worthwhile investment for most graduates. But forgiveness wouldn’t make that debt disappear. It would merely transfer it to the federal debt—already $22 trillion—and stick taxpayers with...
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Americans who oppose abortion should not be forced to pay for it | OpinionThe Hyde Amendment is a rare area of middle ground that must be preserved.
Consulte Mais informação »
Bernie’s Student Debt Plan Doesn’t Make Sense. Which Is Fine.Forgiving all student debt wouldn’t be a maximally progressive allocation of limited resources. But nothing Congress does ever is. EricLevitz writes
Consulte Mais informação »
Alexandria Ocasio-Cortez: To pay off student loans 'I had to do something that was nearly impossible'She's exceptional in so many ways, but like many other Americans her age, 29-year-old Alexandria Ocasio-Cortez has student loans. According to her 2018 financial disclosure, the Congresswoman is paying off between $15,000 and $50,000 in student loans. On Monday, Ocasio-Cortez referenced her student loan balance during a press conference introducing the College for All Act.
Consulte Mais informação »
Fact-checking Trump's false US history lesson on debt, tariffs and building highways with 'CASH'Arguing in favor of his tariffs, President Donald Trump claimed on Twitter Sunday that the US had 'no debt' and 'a big system of tariffs' when it built 'everything from Highways to the Military with CASH.'
Consulte Mais informação »
CBO forecasts ‘unprecedented’ debt levels as America agesThe fiscal health of the United States is projected to deteriorate as the aging of the population pushes up spending on Social Security and Medicare,...
Consulte Mais informação »
Federal debt on track to reach unsustainable level in 30 years, CBO reportsThe country’s federal debt by the end of the year will reach the highest level since shortly after World War II, according to a new federal report.
Consulte Mais informação »