For decades, there have been complaints that states have been cutting funding for colleges, often referred to as state disinvestment. But in my annual report tracking trends in state funding, I show that state disinvestment is a myth. The figure below shows state funding per student over the past 43 years. The dashed blue regression […]| Minding The Campus
While the Biden administration has at least nine plans to forgive student loans, some are much bigger than others. And the two biggest have now run into legal buzzsaws. The Supreme Court (SCOTUS) eventually threw out its first plan in 2022. The second plan introduced a new income-driven repayment plan called SAVE, which, in practice, […]| Minding The Campus
The Most Illegal Student Loan Forgiveness Plan Yet| Minding The Campus
The Biden-Harris administration’s pursuit of student loan forgiveness has moved from persistent to relentless and can now only be described as reckless. To briefly recap, the administration announced its first plan back in 2022, which the Supreme Court ruled was illegal in 2023. Their second plan, a loan forgiveness scheme disguised as a loan repayment […]| Minding The Campus
The student loan payment pause is officially over, with payments resuming this month. What was the student loan payment pause? One of the policies enacted when the COVID-19 pandemic hit in March 2020 was a student loan repayment pause. During the pause, loan payments were not required, interest did not accrue, and involuntary collections […]| Minding The Campus
Editor’s Note: The following article was originally published by Cato Institute on September 3, 2024. With edits to match MTC’s style, it is crossposted here with permission. Note, this post updates last month’s post. The biggest changes from last month include: The Supreme Court has let the Eighth Circuit’s pause on the SAVE plan remain in place. Reworked the student […]| Minding The Campus
Venezuela and the Current Crisis of Western Civilization: A Civics Lesson on Our Right to Negative Logic| Minding The Campus
Editor’s Note: The following article was originally published by Cato Institute on August 1, 2024. With edits to match MTC’s style, it is crossposted here with permission. Note, this post updates last month’s post. The biggest changes from last month include: the 8th Circuit Court of Appeals halting the Saving on a Valuable Education (SAVE) plan; added insights from Jason […]| Minding The Campus