(Staff Editorial from Investor’s Business Daily):
Student loans, once a minor nuisance for grads, have turned into a nightmare for many of the current college generation. But have no fear: The government is doing something about it. And that’s the problem.
‘Shaky Colleges Get Help On Bad Loans” blares a page one Wall Street Journal headline. The story details how the Education Department helps colleges that have so many students defaulting on their loans, the schools are at risk of losing access to federal aid. CONTINUE READING HERE