Higher Education Woes: Student Loans Help Fuel Higher College Costs

Tags: Bureaucracy and Regulation, Education, Taxes and Spending

10/16/2022 Chris Calton

While President Biden claims that forgiving student loans helps reduce college costs, it is the loan program itself that is responsible for much of the explosive growth of higher education spending.

Original Article: “Higher Education Woes: Student Loans Help Fuel Higher College Costs”

This Audio Mises Wire is generously sponsored by Christopher Condon. ‘

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.