Quote of the Day (Oops–from Two Weeks Ago)
Missed in the runup to the August 2 Congressional Election–From The Wall Street Journal’s Brendan Miniter, August 1 (last paragraph, link requires subscription):
This year the federal government will celebrate its 40th anniversary of being in the financial-aid business. During all that time federal aid has done about as much to fuel tuition increases as it has to help make college “affordable.” Along the way parents and students pile up more debt each year. Until our institutions of higher learning start to feel pressure on their pocketbooks — something federal financial aid is designed to prevent — expect that chase to continue.
