The changes include halving borrowers’ monthly repayment minimums and the years of payments needed before the remainder is wiped away, forgiving some interest and other measures. A Penn Wharton Budget Model suggests the cost will be more than twice the White House’s estimates — as much as $361 billion over 10 years. Meanwhile, “borrowers will have more incentive to borrow” and “colleges will have no reason” to keep tuitions “in line with the value they offer” — worsening college affordability. Legal desk: Don’t Call Supremes ‘Undemocratic’Progressive outlets often claim “the Supreme Court is out of step with public opinion” and thus “deeply unpopular,” notes James Piereson at City Journal. Yet when it does diverge, that’s “more often due to liberal decisions that inflamed conservatives and moderates” — on, say, elections, school prayer and abortion — rather than decisions that please the right.
Continue reading...
