>College leaders argue that maintaining the current loan limits hurts
>students. The yearly loan limits have not kept up with college costs,
>they say, and therefore students have had to turn to more-expensive
>private-label loans to help pay their college expenses.
College costs seem to defy the law of gravity. In most other production establishments, increasing output and taylorising the production process decrease per-unit cost; whereas in colleges - these increase per-unit cost.
If the public is being gouged by these unscrupulous credential commodity producers, then the best approach is to put a cap on tuition, e.g. by decreasing how much a student can borrow.
Wojtek