Dr. Richard Vedder
Dr. Richard Vedder, Distinguished Professor Emeritus of Economics at Ohio University, wrote a column at Forbes headlined “Forgiving Federal Student Loans Is A Horrible Idea.”
This is not the first time, nor probably the last, that I have given my views about forgiving federal student loans. It was a horrible idea when first proposed, and remains so today —perhaps more so than ever.
Before, discussing loan forgiveness, I repeat my longstanding opposition to the entire federal student loan program. It has dramatically raised the cost of college….
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