The Student Loan Time Bomb

Student Loan Crisis - Coast to Coast AM 1.5.2012 with Guest Alan Collinge .As student loan debt in the US exceeds $1tn for the first time, George Noory of Coast to Coast AM asks Alan Collinge what the high cost of higher education means for the limping US economy. The student loan market is shaping up to pop, much as the housing industry just did .Education is a suffering social institution & just like medicine it has been heisted by corporateers & despotic oligarchs to become a profit making enterprise. Kleptocrat administrators & trustees have corroborated since they also serve as corporateering boardmembers to sell out the institutions, the public trust, & disregard the public good. Conflict of interest? Of course, corrupted ScAmerican government politicronies indulged the exploitation. The dubious & malevolent results are evident.