The Student Loan Reform Act of 1993 was under Clinton and sponsored by Democrat Robert E. Andrews of NJ. The gist was to smooth the delivery of funds to the col

The Student Loan Reform Act of 1993 was under Clinton and sponsored by Democrat Robert E. Andrews of NJ. The gist was to smooth the delivery of funds to the colleges, but per the article it failed since colleges then raised their tuition to get more from the government, and students then started owing larger amounts directly to the government as a lender. This is another example of good intentions that allow for playing the market instead of leaving it alone. That's my read on it, but I would like to hear others opinions on this statement.