Should private student lenders profit from the Bailout?
Not according to consumer advocacy groups. According to the Washington Post, “Student advocacy groups are urging the Treasury Department to prevent a new $200 billion consumer-lending program from benefiting private student lenders, which they say are largely unregulated and prey on students with risky, high-interest loans.”
Remember, these are the loan programs that were the focus [...]
Don’t blame professor’s salaries for high tuition
Contrary to what the average person believes, most professors don’t earn a lot of money. Enjoy this excerpt from the Chronicle of Higher Education - the truth is likely much different than you would expect.
“During a debate among the Democratic presidential candidates at Saint Anselm College in January,
Charles Gibson, the moderator, used what he thought [...]
