Friday, December 18, 2009

Three Cheers

Three cheers to Arne Duncan for starting to cut the financial middleman out of the federal college loan business. Subsidizing higher education for needy students is an appopriate use of taxpayer money, in my opinion (drawing on research by Gonzalo Castex, among others), and I'll take the Sec. of Ed. at his word that the new way is more efficient and gives less welfare to bankers.

No comments: