The Biden administration is determined to do an end run around the courts and ram through yet another student loan forgiveness plan. It is not real “loan forgiveness” but just a massive wealth transfer from lower-income to higher-income groups.
Kevin Van Elswyk
Kevin Van Elswyk is a graduate of Wheaton College (Illinois) with a BA in Literature and a minor in Philosophy. He received an MBA from City University and has completed post grad and certification courses over his career. After 36 executive years with International Commercial Casualty & Risk Management Companies Kevin retired in 2018. Kevin is a 10-year adjunct associate professor most recently with University of Maryland’s Global Campus. He lives in Brookfield Wisconsin and happily has time to read, think, write, and wait for fishing season.
Latest work
While President Biden’s inflationary economy continues to falter, the president proposes to outlaw bank overdraft fees, ostensibly to help lower-income Americans. Bank fees, however, are not the biggest threat consumers face; inflation and intervention are the real threats.