Once Congress went home without addressing the Student Loans situation, it signaled that the Student Loan system is - for all practical purposes - being dismantled.
As college costs are rapidly rising, loans and aid for college students are failing.
All the talk you may hear about comes down to two basic facts: the Right hates government loans to students and cares little if the private financial system makes such loans or not, and the Left does not have the vision to fight for educational opportunities with any fervor.
Our way of life is dying as we watch.
The rise in the costs of education mirror, on a smaller scale, the rise of medical costs. Both are "Cost Bubbles" that contain within themselves the seeds of their own eventual bursting.
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Sunday, July 21, 2013
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