Centennial Institute agrees with SCOTUS on student debt: ‘better ways to deal with’ the rising cost of higher education

LAKEWOOD, Colo. — The Centennial Institute at Colorado Christian University releases the following statement after the Supreme Court rejected the Biden administration’s student loan cancelation plan:

Donald Sweeting, Ph.D., chancellor of Colorado Christian University:

“The Biden administration’s student loan forgiveness plan to wipe away broad amounts of student loan debt was fraught with problems from the beginning. It is unfair to every American who has ever worked, saved or paid off their college loan. It contributes to inflation, which continues to be one of America’s biggest worries, and it sets up unrealistic expectations that if you sign a loan agreement of any kind, you don’t necessarily have to pay it back. The rising cost of higher education is a legitimate concern, but there are better ways to deal with it.”

The Centennial Institute at Colorado Christian University works to enhance public understanding of the most important issues relating to faith, family, and freedom. As part of this endeavor, the Institute focuses its efforts on conducting research, analyzing public policy options and sponsoring seminars, conferences, and other activities that involve students, faculty, staff and outside experts. Each summer, it is the host of the nation’s largest annual conservative gathering west of the Mississippi, the Western Conservative Summit.

Colorado Christian University is a nonpartisan 501(c)(3) organization that does not endorse or oppose any candidate or political party for public office.