“The president gave a speech on August 22 in Buffalo outlining his proposal to ‘reform’ the student loan program. He acknowledged that the program has some problems, but assured the audience they are easily fixed. Just take the principles behind Obamacare and apply them to education. The president personally ‘guaranteed’ that his proposals would make college more affordable. We don’t have a 2,000 page bill in Congress yet, but it’s all quite familiar: government will take even tighter control of higher education just as it has taken even tighter control of medicine, and use Obamacare as its operating manual.”
http://www.mises.org/daily/6518/
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