il·log·i·cal
i(l)ˈläjikəl/
adjective
  1. lacking sense or clear, sound reasoning.  ((From Google’s definition))

There have been multiple articles both accepting the Brookings argument that “typical borrowers are no worse off now than they were a generation ago” and those calling out the flaws in the Brookings report. I have written two articles here and here criticizing the report. The problem is that much of the discussion is more complicated that it needs to be. A simple reading of the Brookings executive summary exposes just how illogical the report is.

College tuition and student debt levels have been increasing at a fast pace for at least two decades. These well-documented trends, coupled with an economy weakened by a major recession, have raised serious questions about whether the market for student debt is headed for a crisis, with many borrowers unable to repay their loans and taxpayers being forced to foot the bill.

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