In recent years, the cost of tuition at the major universities of the Western world has skyrocketed, forcing many students to take on progressively more debt in order to finance their studies.  Is the cycle of high tuition costs, more need for subsidy, and more student debt breakable?  In yet another excellent video from Learn Liberty, professor Daniel Lin of American University thoughtfully and methodically breaks down the idea that student debt forgiveness by the state is a good idea.

In a second and equally impressive video, linked in the first part of the one above, Dr. Lin tackles the underlying problem that has caused students to take on so much debt in the first place, touting the superiority of a free market system of higher education over one that will forever siphon off more and more funding from the public.