Student Loan Forgiveness

One would be hard pressed to find a better example of creating perverse incentives.

From a caller on Dave Ramsey the other day: working college student taking on no debt and paying her way through school. She calls in asking whether it would be a good idea to quit her job and take out loans to continue paying for college because those debts might be forgiven by a Biden administration.

If you wanted to stop student loan debt as a problem, the first move would be to end the government subsidies for it.