Overplaying The Student Loan Scandal?
House Panel Passes Bill to Cut Subsidies to Student Lenders), along comes the ominously-named Business Media Institute to ask whether there's as much real damage going on as there is simple media and political opportunism (Media Exaggerate Student Loan 'Crisis'). "Evidence of wrongdoing has been limited to only two lenders and a handful of college administrators who have resigned, fired or been put on leave," according to BMI. "No criminal charges have been filed. Still, the media act like all lenders and colleges have done irreparable harm to all their students."