Secretary of Education's recent remarks

Paying for College
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<p>U.S. Secretary of Ed Margaret Spellings spoke at the national financial aid conference earlier this month. I thought some of my cyberfriends who follow f/a trends might be interested in her remarks:
[U.S&lt;/a&gt;. Secretary of Education Margaret Spellings Delivers Remarks to the Federal Student Aid Conference in Las Vegas](<a href=“News | U.S. Department of Education”>News | U.S. Department of Education)</p>

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<p>I’ve found Spellings to be a huge disappointment. And this speech in no way changes my opinion of her. Perhaps Atana can make a few choice comments.</p>

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<p>Isn’t this the speech W gave in 2003 when he encourage lenders to give more home loans to less than qualified buyers? </p>

<p>More Moral Hazards.</p>

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<p>LongPrime, my thoughts exactly. I already see a huge student loan repayment crisis on the horizon … allowing students to borrow more will just bring it about sooner.</p>