BI is socially left leaning but economically conservative as described by the fact check. I even highlighted it for you.
Biden Cancels $1.3 Billion Of Student Loans — His Plan For Student Loan Cancellation Is Becoming Cle
- Thread starter gwb-trading
- Start date
You can have your own opinions but you can't make up your own facts --- or you will need to register as a Republican and go wear a MAGA hat.
Let's take a look at reality...
Brookings Institution
Overall, we rate Brooking Institution Left-Center biased based on donations to primarily Democratic candidates and policy advocacy that slightly favors the left. We also rate them Very High for factual reporting due to strong sourcing and a clean fact check record.
https://mediabiasfactcheck.com/brookings-institute/
I guess Liberals believe that any think-tank that actually tries to do math is "fiscally conservative".
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You can have your own opinions but you can't make up your own facts --- or you will need to register as a Republican and go wear a MAGA hat.
Let's take a look at reality...
Brookings Institution
Overall, we rate Brooking Institution Left-Center biased based on donations to primarily Democratic candidates and policy advocacy that slightly favors the left. We also rate them Very High for factual reporting due to strong sourcing and a clean fact check record.
https://mediabiasfactcheck.com/brookings-institute/
I guess Liberals believe that any think-tank that actually tries to do math is "fiscally conservative".
my bad, confused it w/FEE from earlier. Citation to BI study?
Once again here it is...
Student Loan Forgiveness Is Regressive Whether Measured by Income, Education, or Wealth:
Why Only Targeted Debt Relief Policies Can Reduce Injustices in Student Loans
https://www.brookings.edu/wp-content/uploads/2022/01/WP75-Looney_updated_1.pdf
As outlined in the Forbes article -
https://www.forbes.com/sites/presto...gs-to-high-wealth-households/?sh=29980ff63ba4
the only injustice is people taking out loans way above their means and then spending it on an education they know will never get them a return.....no matter the race color species genus phylum of the borrower....
1. Part of the problem is that education is hyped as a guaranteed path to economic security to groups that don't have the aptitude to compete in the real world. Another example of the road to hell being paved with good intent.
2. In my experience, colleges don't do an adequate job informing students that certain majors don't facilitate the earning power that others do.
3. Colleges and advisors don't effectively communicate that a degree from a third tier school isn't worth as much as one from a higher rated school even though the tuitions are similar. It is against their self-interest to point this out. There is a surplusage of lower tier schools left over from the Vietnam war when deferments created an oversupply. The HBCUs also are poorly rated, and this is never mentioned in the media.
The end result is an underclass of college graduates that have a difficult time paying back their student loans. Biden's forgiveness program doesn't effectively target this group.
2. In my experience, colleges don't do an adequate job informing students that certain majors don't facilitate the earning power that others do.
3. Colleges and advisors don't effectively communicate that a degree from a third tier school isn't worth as much as one from a higher rated school even though the tuitions are similar. It is against their self-interest to point this out. There is a surplusage of lower tier schools left over from the Vietnam war when deferments created an oversupply. The HBCUs also are poorly rated, and this is never mentioned in the media.
The end result is an underclass of college graduates that have a difficult time paying back their student loans. Biden's forgiveness program doesn't effectively target this group.
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The problems the Biden administration is causing is insane.
Why should taxpayers pay for an incomplete effort.
An estimated 38.6% of the 43 million student debtors in the United States — roughly 16.6 million people — have debt but no degree six years after first entering college, according to National Center for Education Statistics (NCES) data analyzed by the Hope Center's Mark Huelsman
Democrats want taxpayers (most of the people who vote for them are not by the way) to pick up the slack when they fail. And fail they do, a lot.