All Commentary
Tuesday, May 29, 2012

New Worry: Indebted College Dropouts

“As the nation amasses more than $1 trillion in student loans, education experts say a vexing new problem has emerged: A growing number of young people have a mountain of debt but no degree to show for it.” (Washington Post)

Public policy is capable of digging very large holes.

FEE Timely Classic
“Bubbles, Malinvestment, and Higher Education” by Steven Horwitz