[tracker1]

I think that a lot of the legal changes to student loan funding from the 90's are really showing their ugly heads today. They are exempt from a lot of protections other forms of debt offer. Not to mention the effect of widely available loans (and insurance for that matter) have on an industry's pricing structures. It allows for whole new paths of corruption, overcharging and overspending.

That's not to say every school operates like the University of Phoenix and the like... a lot of community colleges offer good education, while not being overtly expensive. Some universities and state colleges are a bit of a mix, and a lot of funding comes from various sources which bleed into expectations, costs and funding. That doesn't even go into scholarship programs and grants.

While I agree with the tenant that everyone should have access to higher education, I'm pretty sure that our approach should have been better.