In the 1965, included in Chairman Johnson’s Higher Society program, Congress enacted the greater Training Act. A has liked significant profits from high rates of interest towards riskless finance. Sallie Mae inventory flower more step one,900 per cent anywhere between 1995 and you may 2005. Its President, Albert Lord, generated $225 billion ranging from 1999 and you can 2004. While the globe attached an enormous siphon so you’re able to students’ lifetime earnings, the nation first started a test not from inside the illuminating younger brains or maintaining the fresh Jeffersonian academic ideal however in studying what might occurs if the all of our school graduates been the operating livesRead more…