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Could Student Loan Forgiveness Portend the End of Catholic Colleges? by Eric Sammons – Brown Pelican Society of Lousiana

Could Student Loan Forgiveness Portend the End of Catholic Colleges? by Eric Sammons

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By Eric Sammons, Crisis Magazine, Sept. 1, 2022

Eric Sammons is the Editor-in-Chief of Crisis Magazine and the Executive Director of Crisis Publications.

President Biden’s announcement last week that billions of dollars of student loans would be “forgiven” led to much rejoicing among young people saddled with crushing debt. Of course, those who must foot the bill—everyone else, including those who worked through college or never went to college—were less enthused by the plan.

Biden’s decree ignores the underlying issues that caused the problem in the first place, and signals a move toward more government relief of college costs. Not only will this simply make the situation worse, it might very well lead to the end of Catholic colleges as we know them. …

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