The intersection of Congress and student loans forms a critical juncture in American economic and social policy. Millions grapple with the burden of student loan debt, impacting their financial futures and the nation’s overall economic health. This exploration delves into the historical evolution of federal student loan programs, analyzing legislative changes, the influence of various interest groups, and the ongoing debate surrounding debt relief. We will examine the economic consequences of current policies and explore potential future directions for more sustainable and equitable solutions. From the landmark legislation of the 1970s to contemporary proposals for widespread debt forgiveness, the trajectory Read More …
