In response to:

Senate Fiddles While College Debt Explodes

Scrap Iron in Texas Wrote: Nov 19, 2012 1:12 AM
And here I thought the increases in college tuition were BECAUSE of the easy money made available to the students. Anytime the feds offer money, there are those who will figure out how to get it.

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...