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Higher Education

Student debt now exceeds $1.5 trillion. We must overhaul a system that, for too long, has incentivized colleges and universities to charge unaffordable prices for degrees that do not always improve the lives of their recipients. Measures of return on investment (ROI) can help ensure that that institutions are accountable for the economic outcomes of the students they plunge into indebtedness.

The misguided student loan payment pause will (finally) end

The three-year student loan payment moratorium will finally end in August, thanks to a last-minute bipartisan deal to increase the federal debt ceiling. The pause, which Congress authorized for six months at the beginning of the COVID-19 pandemic, was unilaterally extended several times by the Trump and Biden administrations. Despite the Biden administration’s assurances that...