Manufactured Student Loan “Crisis”

It’s graduation season, so the media is stoking the flames of political divide with what is commonly referred to as the “Student Loan Crisis” (example). I saw a couple of charts that illuminate the issue pretty clearly, so I thought I share them with my small readership here. First, according to the Education Data Initiative, the average student loan payment for a Bachelor’s Degree is … Continue reading Manufactured Student Loan “Crisis”

Stop Calling Student Loan Debt A “Crisis”

I really hate writing articles about political issues, but here I am again. The Biden administration’s student debt cancellation policy – which seeks to erase $430 billion in college student loan debt – is in the headlines again. We’re awaiting a Supreme Court’s decision on its Constitutionality, likely this June. It caused me to look a little into the scope of the “CRISIS” as it … Continue reading Stop Calling Student Loan Debt A “Crisis”