Sunday, October 30, 2011
Next Fiscal Nightmare: Higher Education
Debra Saunders, SF ChronicleOne of the great things about America, President Barack Obama told students at the University of Colorado, is that no matter how humble your roots, you still have a shot at a great education. He also told students that his goal is to "make college more affordable." Alas, the president's prescription for making higher education affordable seems likely to yield the same results as his plan for curbing health care costs; that is, it is likely to drive prices higher than inflation.The nation's next fiscal nightmare may well be a higher-education bubble.Americans now owe more...
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