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Senate Fiddles While College Debt Explodes

DHWood Wrote: Nov 19, 2012 1:03 AM
LOL now you liars have four years you claim as surpluses - your number keeps rising every few years, and you're totally and completely incorrect. Every year clintoon was in office, national debt went UP, every single year. You people are the most idiotic fools the world has ever known.

America’s accumulated college-loan debt will surpass $1 trillion this year; what is our leadership doing about it? The Obama Administration took over the student loan market and expanded Pell Grants, but hasn’t accomplished anything to address the root cause of the crisis: exploding college fees and related costs. The only thing they’ve done is criticize innovators and entrepreneurs.

The Senate Committee on Health, Education, Labor, and Pensions (HELP), chaired by Senator Tom Harkin (D-Iowa), issued a new report calling into question the costs and performance of For-Profit universities. There are actually hundreds of these schools, perhaps the most well-known being University...