A compromise has been reached on the student loan interest rate, according to the Associated Press....
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Blame the federal government for skyrocketing costs of both tuition and healthcare. Add up the regulations, the mandated insurances, and then back the cost with federal dollars under the guise of "helping" and you have the perfect storm. It's hard to believe that many educated people can't see the connection.
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While on point for some of what you have stated, the private Universities are doing nothing different than housing markets, building markets, money markets, etc... in regard to legally soaking funds for an advantage, subsidized or not. There's alot more that needs to be reined in before tuition costs!!!! It's a secondary issue!
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