2010: Democrats and the Obama Administration took over 100% of student loans. The media wrongly reports this will have “relatively little [impact] on borrowers. SFGate story
Costs rise when competition and the free market is destroyed.
New York Governor Andrew Cuomo has called for “free” tuition at New York public colleges. Free things lose value quickly. CBS report
Joe Biden admits college subsidies increase college tuition
Stafford loans increased
Federal government; consumer credit, student loans; asset, Level