Giving Compass' Take:

• Beth Atkers argues that although millennials are facing plenty of difficulties, a widespread student debt crisis isn’t one of them.

• What are other policymakers view on solving student debt? How can we solve the student-debt crisis?

• Here's an article arguing that student loan forgiveness is not the way to ensure economic freedom. 


Earlier this year on the presidential campaign trail, Senator Elizabeth Warren of Massachusetts laid out her higher education platform, including a student loan jubilee and free college. In the Medium article announcing her vision, she claimed that “the result [of rising college costs] is a huge student loan debt burden that’s crushing millions of families and acting as an anchor on our economy.”

Soon after, Senator Bernie Sanders of Vermont followed with a generous plan of his own, echoing the alarm conveyed by Warren. He explained: “[My plan] forgives all student debt and ends the absurdity of sentencing an entire generation to a lifetime of debt for the ‘crime’ of getting a college education.”

These presidential hopefuls are promising to spend trillions of taxpayer dollars to bail out a generation of young people drowning in debt. A worthy aim — if it were true.

Read the full article about millennial debt by Beth Akers at Manhattan Institute.