With a growing number of college grads finding themselves crushed under the weight of their student loan debt, the Obama administration is considering action that could derail the entire student loan industry. Groups who monitor campaign contributions, though, worry that the strength of the industry could block any shot at real change. Full Story »
Posted by Derek HawkinsTo:
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The story goes into some depth in defining the difficulties of student loan programs, and the politics involved in changing them. It lacks much history on how college costs got to be funded from loans rather than grants or scholarships. And the statistics could be better broken down - a median figure would have been useful rather than the average, or the amount of debt medical students or other professionals have when they come out of training
