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Is The President Being Honest About The “Student Loan Crisis?”

Stephen230 Wrote: May 13, 2012 12:05 PM
I can certainly easily answer the question posed by the title of this article! "Is the President being honest"--about ANYTHING? NO!

Is President Obama right about a looming student loan debt crisis?

It depends on how you define “crisis.” But there is a problem, and it is real.

What remains to be seen is whether or not the President – or anybody else, for that matter – is willing to face the real problem in higher education. Financing an education is not so much a problem, as is the stark reality that the cost of tuition consistently goes up, even when the price of other things declines.

It is a fact that over the last decade many “adjustable rate” student loans were...