Makes me think of this article: http://www.petapixel.com/2011/09/02/us-gov-sues-the-art-institutes-for-11-billion-fraud/ http://www.petapixel.com/2011/09/02/us-

Makes me think of this article: http://www.petapixel.com/2011/09/02/us-gov-sues-the-art-institutes-for-11-billion-fraud/ http://www.petapixel.com/2011/09/02/us-gov-sues-the-art-inst... "Last month, the US Department of Justice filed a massive lawsuit against the company behind the schools, Education Management Corporation, accusing it of fraudulently collecting $11 billion in government aid by recruiting low-income students for the purpose of collecting student aid money. Whistleblowers claim that students graduate loaded with debt and without the means to pay off the loans, which are then paid for with taxpayer dollars." Are government guaranteed loans simply a bad idea for student loans? Seems like schools will simply charge as much as the government will guarantee. Why wouldn't they? It's free money!