Senate’s Gift To Potential Students: Reason Not To Enroll

Basic economics dictates that, if the government subsidizes the purchase of an item, the price of that item will rise. In the case of college education, the government has done something a bit more damaging than subsidize the purchase of tuition. It has subsidized the cost of going into debt for that tuition. But that has just changed: “U.S. senators headed home for a Fourth of July recess without passing a bill that would prevent interest rates from doubling on student loans next week, leading Read more […]