Too little, too late.

AuthorJackson, Clay
PositionLETTERS - Letter to the editor

With regard to Stephen Burd's piece about how to reform the student loan industry ("Getting Rid of the College Loan Repo Man," September/October 2012), I agree that the system is enormously complex, unnecessarily burdensome, and subject to abuse, and that education is far, far too expensive. But the very same Department of Education that you seem to think ought to be some kind of benevolent savior of the system is the organization which, in conjunction with Congress, makes and interprets the laws that you rail against.

For more than forty years, Democrats and Republicans alike have liberally applied political palliatives about making education more affordable. How's that working out? What has happened to the cost of education? Has it become more or less affordable, even after the Band-Aids each party has put in place to stem the rising tide? And what makes you...

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