"Easy Money" Over for College Loans
DECEMBER 28, 2009
“The upheaval in financial markets did not just eliminate generous lending for home buyers; it also ended an era of easy credit for students and their families facing the soaring cost of a college degree.” (Washington Post, Monday)
If this reporter had attended a FEE seminar he would understand that “easy credit” actually caused the soaring prices!
FEE Timely Classic:
“Should Government Subsidize Higher Education” by James L. Payne