<p>Mombot it’s not really the availability of aid that has enabled colleges to increase tuition, it’s really the (past) easy availability of loans. The rapid rise in college tuition has been financed in part by the crushing debt taken on by the middle class. Student loans are the only loans in the country that cannot be discharged by bankruptcy. The predatory lending practices of the student loan industry have resulted in the most profitable, uncompetitive, and oppressive type of debt in American history.</p>
<p>Google “Sallie Mae” and fraud - here’s a sample of what you’ll find:</p>
<p>[Sallie</a> Mae](<a href=“http://www.thinkglink.com/Sallie_Mae.htm]Sallie”>http://www.thinkglink.com/Sallie_Mae.htm)</p>
<p>[Sallie</a> Mae called out once again - The Boston Globe](<a href=“http://www.boston.com/business/articles/2007/05/13/sallie_mae_called_out_once_again/]Sallie”>http://www.boston.com/business/articles/2007/05/13/sallie_mae_called_out_once_again/)</p>