I'm leaning more towards: "Sorry, no private out-of-state liberal arts college for you..." than "Sorry, no education for you." The free-flowing student loan mo

I'm leaning more towards: "Sorry, no private out-of-state liberal arts college for you..." than "Sorry, no education for you." The free-flowing student loan money has created the same kind of bubble that "stated income" and "0% down" loans created in housing in 2008.