Daniel Bennett of the Center for College Affordability and Productivity writes in Forbes about the new federal policy on student loans, arguing that it will cost taxpayers plenty, keep the higher-ed bubble inflated, and reward those who are lucky enough to land public-sector jobs.

I attacked this foolish policy here.

Compared with other Obama policies, this one is comparatively inexpensive, but still it adds burdens to taxpayers at a time when all efforts ought to be going into finding ways to reduce those burdens.