This working paper, which will appear as a chapter of Framing the Social Security Debate (forthcoming Fall 1998) (Brookings Institution Press), discusses two regulatory problems associated with the privatization of social security: first, the risk that political interference with social security...

On April 1, 2021, the Biden Administration announced that Secretary of Education Michael Cardona will consider whether the President has legal authority to forgive up to $50,000 per debtor in student loan debt without further Congressional action. This paper collects the leading arguments for...