Purdue President Daniels: Fed Studies Show Schools Will Pocket Gains from Biden Debt Plan
On Tuesday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Purdue University President and former Indiana Gov. Mitch Daniels (R) stated that research by the Federal Reserve shows that when government increases subsidies for student loans, most of that ends up being pocketed by universities in the form of higher costs, and “there’s …