« How Do I Cure A Defaulted Federal Student Loan? | Main | Senate HELP Committee To Hold Hearing At Temple University On Monday »

September 30, 2009

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Bizzaro Watchdog

Clinton is a genius. What incentive do schools have to embrace a new paradigm in how they deliver cheaper education when the government continues to finance the status quo? I wonder what would happen if the states and feds woke up to this fact? Perhaps the solution to cheaper education is to embrace the benefits of a truly competitive market for higher education? We have cars in almost every garage, microwaves in every kitchen, TVs in every living room, and so on. Why can't we have the same for higher education?

Something will give. Either the big egos in Washington will introduce price controls (which will turn higher ed. into the public shool system), or they will embrace reforms that increase competition and innovation in higher-ed. delivery systems. My money says that stupidity in Washington will prevail--and that price controls will rule the day. Oh, and by the way, schools will no longer have the boogey man of lenders to hide behind for their rent seeking. What goes around comes around--the schools have stood idly by while FFELP got drug through the mud--who do they think Congress will eventually pick on next? (Chairman Miller and company will of course pick on the for-profit schools first--so as to seem like they're doing something.) Never underestimate the predictability of stupidity from Washington!

Neville

5 states are missing...I hope they aren't below the 20% base line.

The comments to this entry are closed.

Welcome!

SLA Private Student Loan Ratings

  • SLA :: Ratings
    Trusted source for independent, objective and timely information about private student loans

Paying For College Blog

  • Paying for College Blog
    Site for parents and students looking for independent and objective information about financing a college education

Want to receive daily SLA Blog updates via e-mail?

Enter your email address:

Delivered by FeedBurner

SLA Search Engine

Terms and Conditions