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The United States has experienced a rapid decline in its fertility rate, starting with the Great Recession and declining further since then. Since 2008, the U.S. fertility rate fell from 2.1—right at replacement rate—to a record low of 1.6 births in 2020.REF
Elizabeth Warren wants free college for every American. But what the Massachusetts senator doesn’t seem to realize is just how much more costly college would get if her “free” proposal passed.
Under the Administration of former President Barack Obama, the federal government expanded its role in the student loan market dramatically. Today, roughly 90 percent of all student loans are originated by the federal government, leaving a very small share of the market for private lenders. Recent research indicates that the federal government’s involvement has done more harm than good. In fact, the exponential rise of college tuition prices has been attributed to unfettered access to federal student aid.