The Incredible, Rage-Inducing Inside Story of America’s Student Debt Machine – Mother Jones

The Incredible, Rage-Inducing Inside Story of America’s Student Debt Machine – Mother Jones

While it's easy to shame the sleazy loan servicers, the problem has been caused by easy credit for students. Colleges should require much large down-payments, and they should be a lower price. College unions have encouraged inflation of prices, college officials have spent billions on infrastructure that could be used to keep prices low. Until the easy flow of student loan money is choked off, we can not solve the education crisis facing our country.