Biden has forgiven $136B in student debt. More relief is on the way(cnbc.com)
cnbc.com
Biden has forgiven $136B in student debt. More relief is on the way
https://www.cnbc.com/2024/02/12/biden-has-forgiven-136-billion-in-student-debt.html
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Where does all the money from the bloated tuition costs end up? Is it the university endowments? Why not tax that, and return money to the students? Why does the rest of society have to pay for it?
It it used to pay tenure-track professors more than they would make otherwise, to hire more professors, and especially to hire more administrators at munificent salaries.