Wed, 20 July 2016
Student loan debt has doubled in the last eight years and with the economy not doing very well, Obamacare in the toilet, racial tension at new highs it's no wonder the White House is trying to clean up its legacy.
A recent study released by said White House attempts to show how all this new student debt is a good thing for our economy. I call Shinanigans.
Debt can be a good thing if you're able to see clearly how that debt (investment) yields a return. Unfortunately, the verdict is out on college. But more importantly, the study ignores how government meddling inflates the real costs of college.
I'm fired up today, be prepared.