171: How Canceling Student Loan Debt is a Regressive Nightmare-with Brad Polumbo

December 11th, 2020  |  40 mins 49 secs

classical liberal, congress, conservative, constitution, debt crisis, government, house of representatives, libertarian, libertarian party, politics, potus, president, republican, rights, scotus, senate, student loan crisis, student loan debt, student loans, supreme court, voluntary, white house

With the impending Biden/Harris administration, the idea of "cancelling" student loan debt has grown from a mere concept to a tangible possibility in the immediate future.

While the prospects of cancelling student loan debt sounds appealing (especially to those with tens, if not hundreds of thousands of dollars in student loan debt), Brad Polumbo (FEE) returns to the program to explain how that policy prescription isn't just a bad idea, but actually ends up being an incredibly regressive policy.