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Student Loan Crisis

We have a crisis on our hands.

The Student Loan Crisis:

Government subsidies through student loans and grants have artificially inflated the cost of tuition in American higher education.  Similar to the housing bubble that was fueled by cheap and easy-to-obtain credit, student loans increase demand for degrees and inflate the price. Unlike the housing bubble however, student debt doesn't go away once you file for bankruptcy.    

 

Are Student Loans the Next Housing Bubble? by EconomicFreedom.org:

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September 2014

For centuries, hierarchical models dominated human organizations. Kings, warlords, and emperors could rally groups--but also oppress them. Non-hierarchical forms of organization, though, are increasingly defining our lives. It's no secret how this shift has benefited our social lives, including dating, and it's becoming more commonplace even in the corporate world. But it has also now come even to organizations bent on domination rather than human flourishing, as the Islamic State shows. If even destructive groups rely on this form of entrepreneurial organization, then hierarchy's time could truly be coming to an end.
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