4 ms·
1) the government wants more college grads (admirable) 2) the government makes it really easy to secure loans to go to college (short-sighted) 3) the market i
by djschnei 9y ago
1) the government wants more college grads (admirable)
2) the government makes it really easy to secure loans to go to college (short-sighted)
3) the market is oversaturated with demand AND buying power (because of the easy loans)
4) prices rise (duh)
5) now everyone is in crushing debt and a degree is far less valuable
Very simplified; but why is anyone surprised?