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News Link • Economy - Economics USA

Peter Schiff: Why the Government Should Not Be in the Student Loan Business

• www.dailypaul.com
Peter Schiff: Why the Government Should Not Be in the Student Loan Business: 


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2 Comments in Response to

Comment by Joseph Vanderville
Entered on:

Government SHOULD BE in student loan business so that loan sharks and scalpers like Terri cannot make a minced meat out of students's borrowed school funds and like gluttons swallow them alive!

Comment by Powell Gammill
Entered on:

Because it removes market forces and lets tuition rise through the roof?

Because it removes market forces and allows school administrators to make purchasing decisions without or for less consequence?

Because it saddles new graduates with debt at the beginning of their lives they likely will never pay off?

Nah, I'm pretty certain this all was the point in creating easy money in the first place.  You can't build edifices without easy money.


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