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http://www.businessweek.com/stories/1993-05-02/maybe-student-loans-aint-broke-but-students-are

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Maybe Student Loans Ain't Broke, But Students Are


Readers Report

MAYBE STUDENT LOANS AIN'T BROKE, BUT STUDENTS ARE

Regarding Dean Foust's commentary "Student loans ain't broke. Don't fix 'em" (Finance, Apr. 5), my two children, who were able to get into Vassar and Earlham despite going to inner-city schools, currently have between $10,000 and $12,000 in debt through guaranteed student loans and national direct student loans. They would pay no higher interest on a car loan than on these loans.

I think the situation is scandalous. The government is not supporting our children or our educational system. Education loans ought to be a lot less burdensome.

Jane C. Murphey

Detroit


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