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Opinion

Answer to Student Loan Forgiveness Riddle: Make College Affordable

Forgiving loans will cause future students to believe their loans will also be forgiven. That will likely lead a higher percentage of students to borrow more money given the expectation that it will be free. That in turn will further encourage schools to continue to raise prices.

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MICHAEL HORNIMAGE

09:41:45 am

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MICHAEL HORN

Mr. Horn strives to create a world in which all individuals can build their passions and fulfill their potential through his writing, speaking, and work with a portfolio of education organizations, including the Clayton Christensen Institute, a non-profit think tank he cofounded. He is the author of many books, including the forthcoming From Reopen to Reinvent, the award-winning Disrupting Class: How Disruptive Innovation Will Change the Way the World Learns, Blended: Using Disruptive Innovation to Improve Schools, Choosing College: How to Make Better Learning Decisions Throughout Your Life, and Goodnight Box, a children’s story.

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