https://hotair.com/headlines/archives/2012/12/09/the-looming-crisis-of-student-loan-debt/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 06:33:57 -0400<![CDATA[What&#8217;s driving this debt crisis is a vicious cycle of bad lending policies eerily similar to the causes of the subprime mortgage crisis. Over the past 50 years, it has become conventional wisdom that everyone should go to college. High school guidance counselors and college admissions offices preach it, parents believe it and politicians cater to it. With near-universal demand and parents willing to pay or borrow almost anything to get their son or daughter through college, colleges and universities can drive up their prices.]]>Sun, 09 Dec 2012 22:00:26 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2012/12/09/the-looming-crisis-of-student-loan-debt-n98132