Elizabeth Barrette (ysabetwordsmith) wrote,
Elizabeth Barrette
ysabetwordsmith
  • Mood: busy

Swimming with the Student Loan Sharks

Tags: activism, economics, education
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  • 17 comments
rowyn

rowyn

September 7 2010, 12:57:45 UTC 10 years ago

I noticed the article does not mention the other way student loans hurt students: they drive up tuition prices, the same way easy access to lending from Fannie Mae/Freddie Mac drove up housing prices. D:
ysabetwordsmith

Hmm...

ysabetwordsmith

September 7 2010, 16:53:40 UTC 10 years ago

I think there's a mention, down towards the bottom, that higher tuition means higher loans so there's no incentive to keep prices down because people benefit from the hikes.