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What to Know: Calls are growing louder for Vice President Joe Biden to “cancel” student loan debt via executive order once he’s in the White House.
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The TPPF Take: We don’t need to cancel debt freely entered into by students; instead, we should address the real problem—college affordability. Texas has done that, with the Texas Affordable Baccalaureate Program.
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“In the years following then-Gov. Rick Perry’s State of the State Address in which he called for the creation of affordable bachelor’s degree programs, Texas’ public universities have risen to the challenge,” says TPPF’s Tom Lindsay. “To make college more affordable for even more Texans, each public university should have at least one bachelor’s degree under the Affordable Baccalaureate Program.”