“Higher education is admittedly expensive – especially in private schools. I did both public and private schooling for my two-and-a-half degrees (I never did finish that PhD for various reasons). Most of the time during those eight or so years I worked as well as studied. I did all sorts of jobs, from house painting to security guard work to working in kitchens.

Despite being a full-time student and often working long hours as well, I managed to graduate with honours for my BA and highest honours for my MA. Millions of others students have done just the same. But one of the pet causes of the left is to cancel all debts. It could be the foreign debt of other nations for example, or it can be the debts of students.

U.S. President Joe Biden now wants to cancel student loans for millions of Americans. This is yet another government subsidy that he and the Democrats love to roll out. But before I go any further I must let you know that I just stated a massive falsehood here.

There are no such things as government subsidies. Governments do not pay for a single thing. The taxpayer does. So when a student can write off his education loan, the government is not subsidising it – the taxpayer is being stuck with the bill.”

Continue this eye opening read https://caldronpool.com/cancelling-student-debt-is-not-a-good-idea/

About the author: Bill Muehlenberg is involved in a ministry of pro-faith and pro-family activism. He is head of an apologetics/ethics ministry called CultureWatch. Article via Caldron Pool

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