I think the danger revolves more around deciding who to fund and who not to fund. All doctors will now be dependent on the government for loans, as are engineers, scientists, MBA candidates – everyone. What better way to control who advances in society and who does not.
by Carl Horowitz
America’s colleges and universities might not qualify as bailout material, but the nation should get ready for what amounts to a federal takeover of higher education financing. Legislation signed March 30 by President Barack Obama practically seals the deal. And despite the administration’s claims to the contrary, taxpayers may find the transition exceedingly expensive.
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