Subsidizing Higher Education Is Not Creating Widespread External Benefits | Gary M. Galles
President Biden's student debt relief proposal created a storm of controversy. That is not surprising, since it was a transparent (and apparently successful) attempt to buy the votes of an important Democratic constituency, even though it created a target-rich environment for critics.
It is sharply pro-rich at the expense of those far poorer, from a party pretending to stand for the opposite. It