Wednesday, March 05, 2008

We Don't Need No Education

Anthony Bradley laments that, at least in the short term, the level of student loan indebtedness required is turning college into a bad investment. While that suggestion might at this point still be debatable, this point is not:

As the cost of a college education balloons, the capacity to pay back school loan debt has not followed suit. Many argue that federally subsidized loans are part of the problem. Because colleges are under no market constraints to control costs associated with tuition dollars administrators have been less responsible with budgets.

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