The ruling is a political defeat for the White House and a disappointment for millions of student-loan borrowers. It has also spared the country from the worst consequences of a misguided policy.

Russian President Vladimir Putin has faced the biggest threat his regime has confronted in more than two decades in power. For now.

The Bank of England surprised financial markets last week by raising its policy rate by half a percentage point instead of the expected quarter. The bigger surprise was that so many investors and analysts were surprised.

Normally, a consensus between Democrats and Republicans in Washington is a heartening sign. Not so when it comes to populist interventions in the banking system.

Politicians of both parties should welcome this trend and build on it — not least, by shifting resources from traditional college pathways and toward work-based alternatives that provide students with real-world skills.