If you still think the federal student loan program is a success, take a look at this infographic. Again, this is one of those perfect examples of how we have all been brainwashed just because we have lived with the status-quo our entire lives. "Student loans, of course they are a good thing. We have always had student loans. Anyone against student loans is CRAZY! The federal government along with the big banks have created a situation that if left alone, would have functioned like many other free market industries. The quality of education should increase, while the cost should be decreasing. That is how any free-market works, just look at all kinds of examples such as technology. Far more students would have been able to go to college and would not have been saddled with any loans upon graduation.
Click image for larger version>>
Tags: Student Loan Bubble, Student Loan Crisis, Higher Education Bubble, College Debt