Student Loan Debt: The Financial Time Bomb Politicians Want to Ignore

Tags: Corporate Welfare, Taxes and Spending, U.S. Economy

10/31/2022 Kevin Van Elswyk

President Biden’s nonsolution of partial “debt forgiveness” is in limbo, but the slow financial destruction that massive student loan debt is unleashing continues.

Original Article: “Student Loan Debt: The Financial Time Bomb Politicians Want to Ignore”

This Audio Mises Wire is generously sponsored by Christopher Condon. ‘

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.