When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Sunday, May 17, 2015

The US Student Loan Program Disaster, Another Bubble of Government Ineptitude

Who thought it was a "good idea" to put young people in six figure, non-dischargable debt, often for worthless for-profit "college educations"?

Of course the beneficiaries have been the for-profit and non-profit colleges and universities whose own costs, including administrative salaries and staff size, have exploded due to the student loan program a/k/a government pork.

The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects