From The Vault: Should College Be Free and Student Debts Canceled?

<p>Join Senior Scholar and Professor of Political Economy, Richard Salsman, Ph.D., in fresh episodes of&nbsp;<em>Morals &amp; Markets&nbsp;</em>"From the Vault."&nbsp;These episodes were from early episodes of&nbsp;<em>Morals &amp; Markets&nbsp;</em>from before it became a podcast.&nbsp;</p> <p>Tune in to this episode from back in May of 2021 in which Dr. Salsman discusses the idea of free college, President Biden's proposal for student debt forgiveness, and what thoughtful students think about it:</p> <p><span style="font-weight: 400;">&ldquo;</span><span style="font-weight: 400;">For decades U.S. public policy has subsidized college tuition and professors&rsquo; research while guaranteeing a burgeoning pile of student loans,&rdquo; says Salsman. &ldquo;Now politicians and pundits of every persuasion demand tuition price controls or free tuition plus &lsquo;forgiveness&rsquo; of student debt. Is there a link between the first set of policies (subsidies) and the second set? What are the moral, economic, and political arguments </span><em><span style="font-weight: 400;">for and against</span></em><span style="font-weight: 400;"> making college &ldquo;free&rdquo; and canceling student debt? Is it possible </span><em><span style="font-weight: 400;">both sets</span></em><span style="font-weight: 400;"> of policies are morally unjust, economically destructive, and politically coercive?&rdquo;</span></p>