The School Loan Default Bubble - Feds Already Bailing Out!

Recall our discussions on the Liberty Conspiracy that the entrance of the feds into the student loan and grant business has prompted an artificial increase in demand for college admissions, thus pushin gup prices and decreasing quality?

Well, the defaults have begun, and the feds are instituting a NEW, FUN program to inspire more defaults and to, essentially, pay for huge portions of college loan recipients' bills! Great!

http://www.zerohedge.com/news/2013-01-05/here-comes-student-loan-bailout

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