In response to:

As Student Debt Reaches Record High $27K, Half of Grads Underemployed

BlakeTPA Wrote: Feb 04, 2013 8:27 PM
This article belongs in the trash heap of misleading, pseudo-intellectual and politically motivated nonsense. As for Hillsdale College, I really don't care what it is ranked, just as nobody else cares. I don't doubt that, in the grand scheme of things, it is a respectable institution. But come on, do you really think it is better than the ivy league schools? You're drinking the cool aid.

What self-respecting parent would give their kid a credit card if they knew they were going to max it out and not be able to pay it back? Hopefully, no one. In fact, as a responsible parent you would probably teach your children the opposite habit--responsibility.

This paternal irresponsibility is what is occurring on a larger scale with the federal government and the student loan industry. President Obama has earned himself a failing grade in responsible parenting.

FICO released a new study that analyzed 10 million credit files to find trends within the student loan industry. The group concluded...