I’ve taken out mortgage loans, auto loans, acquired some credit card debt . . . am I forgetting anything? But I’ve never acquired debt and not paid it back. It never occurred to me to do that. Transferring student loan debt seems like subsidizing irresponsibility. What happens when you subsidize something? You get more of it. I saw the Secretary of Education being interviewed and although I don’t remember his exact words, he seemed to blame the whole thing on the COVID pandemic. He said it was his job (or the government’s job) to make sure that people can bounce back from that and not be crushed by their student loan payments. I’d like to ask him where he got the idea that it’s the job of the federal government to make sure that citizens don’t suffer financial hardships. In the early days of our country, many people… Read more →