In recent years, America’s student-loan policy has come to resemble an alphabet soup. During the covid-19 pandemic, relief came from the CARES, ARPA and HEROES acts. Repayment plans ranged from the appropriately named (SAVE and PAYE) to the less so (PSLF and TEPSLF). Even seasoned bureaucrats at the FSA will have struggled to keep track. Owing to these various policies, some $189bn in student debt was forgiven, and more than $260bn of payments waived.
The U.S. Treasury Department building in Washington.Saul Loeb | Afp | Getty ImagesThe U.S. budget deficit surpassed $1 trillion for...
After Trump ordered this major joint US-Israeli air campaign on Iran a week and a half ago, several politicians, political...
Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a...
Today at Econlib, we’re joining our friends at Liberty Matters in their celebration of the 250th anniversary of the publication...
“Smith is a friend of competitive markets and the division of labor and the institutions that secure these. But within...
Canada’s housing market has become one of the most expensive in the developed world, and the affordability crisis continues to...
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