higher education

The Chronicle of Higher Education raises a question worth examining, as the credit stays tighter than usual and the economy remains sluggish: Is higher education the next bubble to burst?

The Obama administration’s push to phase out subsidies for private student loan companies and replace them with more efficient direct lending from the government is causing some serious agita among big banks that fear lost business, as The New York Times reported last week.
But curiously enough, the large student loan firms’ eagerness to protect their [...]