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Point/counterpoint: Student debt - Repaying debt difficult, but right thing to do Neal McCluskey FacebookTwitterEmail If you lent someone money to start a business that made big bucks, you would expect to be repaid, right? You took a risk and the borrower profited. Federal student lending is kind of like that, only you did not choose to lend, and now there is a movement to let the borrower just keep the money — through presidential decree, no less. Sens. Chuck Schumer and Elizabeth Warren are...

Point/counterpoint: Student debt - Cancellation would narrow racial wealth gap Remington A. Gregg FacebookTwitterEmail President-elect Joe Biden has the power on day one as president to help close the racial wealth gap and stimulate the economy for a country on the brink of economic disaster by completely erasing student loan debt for all 45 million borrowers. Student borrowers hold an eye-popping $1.6 trillion in debt — $1.37 trillion of which the federal government owns. Prior to the federa...