Educational debt or eminent domain? Apples and oranges!

Educational debt or eminent domain? Apples and oranges!


The newest trend in the student loan forgiveness scheme is to shame those who took out Paycheck Protection Program loans during the COVID-19 pandemic and use them as a benchmark for why student loans should be forgiven. It’s a phony comparison.

First, let’s acknowledge that the U.S. government is the largest predatory lender in the world, preying on young people and enabling a wholesale transfer of wealth from youth to colleges and their administrators. Without a doubt, the government’s role in student lending has been to the detriment of young Americans. That needs to be addressed and fixed.

But nobody wants to get to the root of the problem. Joe Biden and the Democrats just want to have a debt jubilee — one that would further enable

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