As usual, they are trying to fix government meddling with austerity measures. As usual, it will not work. "Meanwhile, tuition has soared, leaving graduating st

As usual, they are trying to fix government meddling with austerity measures. As usual, it will not work. "Meanwhile, tuition has soared, leaving graduating students with unprecedented loan debt." Because the government subsidized interest rates and abolished underwriting standards. The latter was done by making it impossible to write off student loan debt in bankruptcy, meaning lenders could give a student loan to anyone with a pulse and still write it down as an asset on their books. Higher education is just another part of the monetary bubble. "Because of the recession, Harvard is laying off workers and Stanford is selling a billion dollars of its endowment." No, that's because their money managers stashed the grocery money in derivatives, turning a liquidity crunch into an insolvency crisis. (And thus answering the question of whether the MBA and quant muppets were trained to be thieves or trained to be idiots.)