college loans / tuition

The Freaks are Us

Hollywood has produced a terrific, though historically inaccurate, movie based on the life of showman P.T. Barnum. It is a singing and dancing extravaganza that is highly compelling, though the songs are of the pop variety. Even so, the opening sequence alone, which recapitulates the story of Barnum’s fictional life, is worth the price of [...]

What’s Wrong with Guaranteeing a Free College Education?

Bernie Sanders failed in his bid for the presidency, but one of his major policy proposals—which helped to garner his much-discussed college student support—of guaranteeing free tuition at public universities and colleges is likely to continue to be pushed. It’s not surprising that this notion has gained traction, in light of the deepening student debt [...]

The College Loan Racket

After the Roman Empire in the west had fallen—that is, after it had been quite perforated by the incursions of Germanic warlords, it was often hard for ordinary peasant farmers to secure sufficient peace to till their lands.  As late as the eleventh century, if they lived on an estuary in Kent near a place [...]

Big Brother Makes It Personal

Four years ago, Obama’s Chicago crew borrowed a page from the Three-Card-Monte hustlers in Manhattan’s Central Park. With the nation distracted by the perils of Obamacare, Democrats quietly hijacked the student loan program from the private sector and handed it to the federal government. “We’ve eliminated the middleman,” they cawed, “and the savings will go [...]

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