The Staggering Regulatory Cost of Student Loans
The total amount of outstanding student loans in the U.S. is more than $1 trillion.
About $850 billion of that cost is directly due to government regulation, which eliminates
competition from lower-
If government student loans did not exist, degree-
As another analysis, the cost of unregulated local vocational training is only 5%
of the cost of one year of college, and about 1-
Carl Person owned and managed a post-
Three steps can prevent trillions of dollars from being wasted:
(1) Eliminate the U.S. Department of Education.
(2) Eliminate federal student loan programs.
As president, Person would direct the Justice Department to commence an action to
establish such First Amendment rights of students and the owners of post-
The saving of trillions in costs to students and their families is miniscule in comparison
to the losses our economy is suffering by depriving U.S. citizens and residents of
a competitive marketplace for post-
The nation’s unemployment problem is directly related to state and federal regulation
The regulation of education has predictably caused the United States to lose some
of its economic potential. In fact, current government officials and major-