Archive for December 8th, 2015

Colleges Lead With Smile But Collect Loans With A Fist

December 8th, 2015

Kevin Carey


The American student loan crisis is often seen as a problem of profligacy and predation. Wasteful colleges raise tuition every year, we are told, even as middle-class wages stagnate and unscrupulous for-profit colleges bilk the unwary. The result is mounting unmanageable debt.

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