(College Fix) Respected economist Richard Vedder began his recent talk to University of Missouri students on the higher education bubble by comparing the subject to hemorrhoid surgery.
It only went downhill from there.
"Listening to someone drone on and on about high college costs is akin to having to endure the pain of hemorrhoid surgery," Vedder said to the 50-plus students gathered to hear the Ohio University scholar and prolific writer on higher education trends delve into financial concerns facing today’s college students.
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Vedder said federally subsidized college loans have forced tuition rates through the roof and wreaked havoc on college students’ checking accounts and future debt, but perhaps worst of all is how the program has hurt the very students it aimed to help: low-income ones.