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I can't wait for Bloomberg's next expose, "Water May Be Wet." But seriously, how can this be a surprise to anyone? Easy credit = increased demand (since people
by w4 11y ago
I can't wait for Bloomberg's next expose, "Water May Be Wet."
But seriously, how can this be a surprise to anyone? Easy credit = increased demand (since people who otherwise would be unable to pay for the good can now afford it) = increased prices. This is an obvious result of generous access to student loans, not a surprising one.