7/05/2012

The Student Loan Crisis

"The student loan crisis needs to be tackled head-on. Part of the answer is to make student debt more manageable, including by making it dischargeable under the appropriate circumstances. For-profit schools, which have proved themselves to be better at exploitation than at delivering a valuable education, need to be effectively and forcefully regulated. Even more important will be increasing government investment in higher education to bring tuition costs down. Such investments would have high economic returns, and would even help bring our country closer to our ideals." [Read more]