President Biden’s student loan forgiveness scheme is really Robin Hood in reverse, transferring wealth from people from lower-income groups to those who are relatively affluent.

Original Article: Joe Biden’s Reverse Robin Hood Student Debt Cancellation

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What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Originally Posted at https://mises.org/

By Mises