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March 24, 2025
The Student Loan Payment Pause Was a Catastrophic Mistake
In March 2020, as America shut down in response to the COVID-19 pandemic, Congress passed a law suspending federal student loan payments for six months. The payment pause ended up lasting, in effect, for four and a half years. Though well-intentioned, the pause and its repeated extensions may go down as one of the worst mistakes in…
March 21, 2025
Increasing Financial Aid Isn’t the Solution to High College Costs
Harvard University recently announced it would make tuition free for students from families earning below $200,000—but for middle-class students not lucky enough to receive a Harvard acceptance letter, college tuition is still far too expensive. As a solution, many have proposed significant increases in taxpayer-funded financial aid to reduce or even eliminate tuition for many students. This…
January 21, 2025
How Trump Can Permanently Fix the Student Loan Program
Even before he took office, President Donald Trump was already securing major policy wins. Trump’s election induced the Biden administration to withdraw two pending regulations that would have canceled over $250 billion in federal student loans, without congressional approval. Biden officials judged that they did not have enough time to finalize the loan cancellation plans before the new administration takes over….
December 11, 2024
Some College Graduates Are Taking Lower-Paying Jobs
The promise of higher education is to equip students with new ideas and skills that will help them land higher-paying jobs. For many students, this dream comes true—but that is not what happens across the board. As college degree attainment has risen over time, many graduates find themselves taking jobs that traditionally belonged to those…
November 1, 2024
Latest Student Loan Cancellation Proposal Could Be Biggest Yet
The Biden administration unveiled its fourth major student loan cancellation scheme last week. While the administration’s past three cancellation plans have suffered defeats in the courts, officials apparently hope that things will be different this time. The new plan offers loan cancellation to borrowers experiencing “hardship.” If you’re wondering what “hardship” means, so am I. It is…
October 25, 2024
How Workforce Education Can Boost Earnings and Fill Jobs
Republicans and Democrats alike agree about the importance of workforce training. They’re right: Despite a recent labor-market cooling, there are still 7.7 million unfilled jobs in the United States. Unfortunately, America’s workforce-education system is a patchwork of dubious efficacy. Workforce programs are underfunded, tangled in red tape, and often fail to achieve their goals. Fixing this is hard: There’s…
October 7, 2024
Has Kamala Harris Given Up on “College for All”?
In 2009, then-President Obama made a bold proposal: “By 2020, this nation will once again have the highest proportion of college graduates in the world.” His administration then pursued a slew of policies to boost college attendance, including fatter tuition tax credits, a larger Pell Grant, and free tuition at community colleges. Echoing Obama, over the next several…