One of the ways in which Obama will try to regain the vote of the youth is to promise them that the federal government will forgive the massive debt that students have piled up while accruing worthless diplomas. This has the additional benefit of shoveling even more money into the American institution that indoctrinates more young people into the fold of the left: academia.
And that, is why there has been a growing student loan bubble. But if you don’t want to take it from me, here’s Mark Cuban to explain it further:
Well, that doesn’t sound good.