student loan default

Student Loans and the Faint Hope of Reform

The English language is not strong enough, nor are my skills in using it, to fully describe the unmitigated disaster that the federal program of financial assistance for college students has been, especially in the case of student loans. That program has: Incentivized academic mediocrity and penalized academic merit and accomplishment; Materially raised the cost […]

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‘Money Does Not Grow on Trees’: Taxpayers Must Cap Student Loan Lending

Author’s Note: This article is from my weekly “Top of Mind” email, sent to subscribers every Thursday. For more content like this and to receive the full newsletter each week, enter your name and email under “SIGN UP FOR OUR WEEKLY NEWSLETTER, ‘TOP OF MIND,’” located on the right-hand side of the site. The “One Big […]

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Default on Student Loans? Bad Idea

Writing in The New York Times, Lee Siegel encourages students to follow his example and default on their student loans. The four biggest problems with his piece are: Siegel is the wrong case study Even if you are of the opinion that college should be free and student debt is immoral, Siegel is the wrong […]

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