Cancelling Student Loans: More Poor-to-Rich Redistribution from the Left May 2, 2022 by Dan Mitchell

It is very common for politicians to cause a problem with government intervention and then use the problem as an excuse for even bigger government. I call this the lather-rinse-repeat cycle of government failure. And the current controversy over student loan forgiveness is a perfect example. Politicians decided to subsidize student loans. Colleges and universities predictably responded by increasing tuition.

Source: Cancelling Student Loans: More Poor-to-Rich Redistribution from the Left | International Liberty