“The power under the constitution will always be in the people. It is entrusted for certain defined purposes, and for a certain limited period, to representatives of their own choosing; and whenever it is executed contrary to their interest, or not agreeable to their wishes, their servants can and undoubtedly will, be recalled.”

~ George Washington (1787)

Thursday, December 27, 2012

Going into debt the really hard way

The Higher Education Bubble is bursting, and the hardest hit Americans will likely be those who cannot afford to complete their degree programs.

Via Instapundit: The Wall Street Journal writer Ben Casselman takes a detailed look at the complex economic factors impacting millions of troubled scholars.
The rest is here.
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