Beating the College Bubble

Far from being the solution, the government is the problem, yet again. While government-guaranteed student loans have expanded college access, any economist worth his salt will tell you that by flooding the college market with loans that anyone can get and that are guaranteed by the government has led to tuition well outpacing inflation. What else could have caused this?

If this sounds really familiar, it should. Fannie Mae and Freddie Mac had a similar effect on the housing bubble. So you'll have to excuse me if I get frightened when I hear "government to the rescue" for a problem it helped create.

Beating the College Bubble