Quote:
Originally Posted by slapass
It seems with technology, we all could go to Harvard virtually and travel to testing centers for finals. Campuses should be shrinking and places should be closing. It seems to be the one place where tech has not had a positive impact and yet they use a lot of it.
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Because Bush changed how loans were given to students. It used to be govt based lending but Bush changed it to private for profit lending companies that are backed by the govt..
Meaning tax payers take all the risk but private lenders get the profits..
Bush also allowed all these shitty private colleges to get govt backed loans for students..
Another direct result of Republican greed fucking citizens and tax payers and shoveling money to private companies..