The federal student loan program is a perfect example of government good intentions gone awry.
It also demonstrates why the founding generation wanted to limit the federal government to a few specific roles and not have it intervening into every aspect of our lives.
For Further Reading
Taxpayers on the Hook for $435 Billion in Student Loan Losses
General Welfare and Common Defense Explained By James Madison
The General Welfare Clause Is Not a Blank Check
Michael Maharrey [send him email] is the Communications Director for the Tenth Amendment Center. He is from the original home of the Principles of '98 - Kentucky and currently resides in northern Florida. See his blog archive here and his article archive here.He is the author of the book, Our Last Hope: Rediscovering the Lost Path to Liberty., and Constitution Owner's Manual. You can visit his personal website at MichaelMaharrey.com and like him on Facebook HERE
Latest posts by Mike Maharrey (see all)
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