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News Link • Government Waste

Uncle Sam’s Growing Ownership of Student Loans

• http://chrisinmaryville.net/
Murray Rothbard would, correctly, object to this government spending as investment. My point in quoting Marron is simply to show how large a factor student loans have become, rather than to hail it as magical new investment. Indeed, given new evidence that a college education is becoming near useless, thanks to government’s involvement in the sector, government “investment” in this sector is clearly money down the drain.

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