Drop college mandates for jobs before the next $400 billion bailout
Forgiving student loans -- if it survives a legal challenge -- is estimated to cost $400 billion to $500 billion or more. That means people who didn't go to college, perhaps because they didn't want to take out loans they couldn't repay, will subsidize the more advantaged. Colleges will be able to keep raising tuition, since future borrowers will assume their debts will be forgiven too. "College for all" helped get us into this mess, writes Rick Hess, director of education po