If You Don't Think There is a Bubble in Student Loans...

...watch below.

Christopher Barcelo emails:

?I CAN'T BELIEVE THIS IS REAL!?

Found it at the NYS Higher Education Services Corporation website. ?Gives new light on student aid. (http://www.hesc.ny.gov/content.nsf)

As a college education is becoming less and less valuable, the government is pumping more and more money into it. Of course, the money doesn't end up with the misdirected kids, but with the employees of the education structure, i.e., with those Hayek would call second hand dealers in ideas. They are being bought off by the government to keep shut about the evils of government and ?are being made part of the crony interventionist state.

Source: http://www.economicpolicyjournal.com/2013/02/if-you-dont-think-there-is-bubble-in.html

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