Academic

HIGHER EDUCATION BUBBLE UPDATE: Elie Mystal writes: ?If President Obama thinks education is so imp?

By Glenn Reynolds

HIGHER EDUCATION BUBBLE UPDATE: Elie Mystal writes: “If President Obama thinks education is so important, then why is he hell bent on financially crippling those who seek education? Seriously, why can?t he understand that making education affordable for everybody is not achieved simply by giving everybody the opportunity to take out loans that they cannot pay back? . . . I want somebody to explain to me why this president ? one who has enjoyed overwhelming support from the young and college-educated ? has a blind spot when it comes to the cost of student loans. . . . Forget about the lawyers for a second. Think about the years doctors will spend accruing interest while they study. Think about a mathematics Ph.D candidate who might start grad school when he?s 22 and have nearly a decade of interest waiting for him when he graduates into professorial market. This plan will make it harder for thousands of the very people Obama says we need more of to achieve financial security before they?re eligible for (soon to be non-existent) Social Security.” Yeah, it’s like he doesn’t really care about their well-being at all.

Full post as published by Instapundit.com on February 15, 2011 (boomark / email).