Target Skyrocketing College Costs, Not Student Loans

Career College Central summary:

  • President Barack Obama's decision to expand the government program to help students pay off debt is targeting the symptoms of the problem and not the root cause of skyrocketing college costs, Andrew Kelly of think tank American Enterprise Institute said this week.
  • "The more we make it easier for borrowers after the fact to pay off their loans, the less incentive colleges have to rein in their costs on the front end," Kelly said in an interview with "Street Signs."
  • "It's going to get even worse in some cases, allowing this problem to fester even further."

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CNBC
 

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