This is something that has stuck in my mind for years, even though I'm not a college person (a few classes here and there).
Our local newsies did a worthwhile report, years ago, on escalating college costs. While the inflation rate was 2-3%, University of Arizona was tacking 8% onto college costs, year after year.
The newsies concluded it was because of cheap loans.
And then, along came Her Highness, Queen Pelosi, election night 2008, and I remember one of the first things out of her mouth, was that they were going to make it easier for students to attend college.
Whenever a slimy pol says "make it easier", watch out for your wallet.
I knew instinctively that she meant that they would further cheapen college loans, but didn't know there would be, essentially, a government takeover of loans.
Cheaper loans meant that a student could go even further into debt, and become even more a government slave to that debt.
At the same time, our Leftist government makes it harder and harder for that student to find a decent job, in order to relieve themselves of that increased debt.
Waiting for the next shoe to drop, in my conspiratorial mind. Want to get out from underneath that debt? Well maybe you could join the Civilian National Conspiracy Corps, uh I mean the Civilian National Security Corps, and have that debt forgiven!
Naaah, wouldn't happen...our President wouldn't think like that.
ping on 12,