Freeman

IN BRIEF

"Easy Money" Over for College Loans

DECEMBER 28, 2009

“The upheaval in financial markets did not just eliminate generous lending for home buyers; it also ended an era of easy credit for students and their families facing the soaring cost of a college degree.” (Washington Post, Monday)

If this reporter had attended a FEE seminar he would understand that “easy credit” actually caused the soaring prices!

FEE Timely Classic:
Should Government Subsidize Higher Education” by James L. Payne

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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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