average borrowing costs in Africa are almost 10 times higher than for the US, fueled by perceptions of risk propagated by international credit rating agencies.
Countries globally are slashing aid budgets, challenging the longstanding belief that supporting health and development must be a priority for both moral and strategic reasons.
Education Secretary Linda McMahon nailed it: Higher ed is a downright scam. Her Wall Street Journal column last week announcing an end, as of May 5, to President Joe Biden's student-loan repayment pauses and forgiveness plans should force every taxpayer, official, student and parent to rethink the nation's perverse system of financing higher ed.
