The Obama initiative reported by Fox News is a scam of a crackdown since it targets only For-profit colleges. However, it could be brilliant if applied to all educational institutions.
Educational costs in America today are as high as they are due to the benevolent government intervention in the guise of making education affordable for the masses. Unintended consequence of this benevolence is that it allows educational institutions to take advantage of it and then keep increasing the cost(s) through the roof.
If this initiative were enacted upon all educational institutions it would force prices back to earth. If no one could afford college or the Uni then you'd see prices drop so fast it would create a sonic boom.
This problem is also seen in Healthcare, Cars, Homes, or anything that has a benefactor promising to make something affordable while at the same time making it ever more unaffordable.
Time to think outside the box, not accept the conventional wisdom, to get rid of business as usual.
Uprooted and transplanted which leads to my view of the world being, sometimes, a bit different than most. Not always right, not always wrong. I just think too much and had to find a way to get it all out of my head.
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