Thursday, February 26, 2009

Nerd News + Book Review: Alan Michael Collinge's "The Student Loan Scam"

Are student loans for college costs creating, as author Collinge says, "the most oppressive debt in US history"? The Wall Street Journal has a book review. Collinge seems a bit overblown, even though school debt is indeed a big problem for many people.

I recently posted about the toxic debt that many students accrue.

College tuition is, for the most part, completely out of control -- and government meddling's only making it worse.

*MM looks at her undergrad debt. It's not TOO bad, but MM cringes anyway. It's still D-E-B-T.*

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