This administration is bending over backwards to ease the pain of student loan debt management.  Perhaps they should curtail the ever increasing cost of education. To forgive or give special allowances for student debt will be to perpetuate the trajectory of higher education costs.  It will enable those who charge the high tuitions to continue to do so.  The powers in Washington will directly reward the solidly left wing faculties of the universities via such forgiveness or restructuring of loans thus enabling those institutions to continue to charge exorbitant tuitions and receive comfortable compensations for their “work.” If there is government intervention, there will be little price rationing. Once again the free market is short circuited.  Charging “too much” and slanted politics will be rewarded. What is lost in the student loan discussion is the source of the high costs. The formula is reminiscent of the Affordable Care Act...(Read Full Post)