Archive for August 25th, 2011

August 25, 2011

Easy borrowing makes higher education bubble look like the housing bubble

by Grace

. . . just as one couldn’t imagine house prices being as high as they now are if mortgage financing were not available, it is difficult to believe that colleges and universities could have increased their charges so rapidly over time without the ready availability of students’ ability to borrow.

Arthur M. Hauptman, public policy consultant specializing in higher education finance.

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