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Silly me! Here I thought the main reason for funneling so much money into higher education via what has become lax student loan screening was patronage. Academics and administrators have a strong tendency to vote Democratic. So a debt-fueled expansion of colleges and universities could only help Team Dem. But in finance, bad accounting regularly drives bad outcomes and that looks to the far more immediate cause for the expansion in student loans, and the resulting escalation in higher education costs. Another example of this type of dynamic is the global financial crisis. As we explained lon...

Yves here. Funny how Betty DeVos was, according to the liberal and leftist press, one of the worst in the pantheon of Trump Administration monsters, yet remarkably little has been said on how much of her education-as-rentierism is merrily moving forward across the US. By Jeff Bryant, a writing fellow and chief correspondent for Our Schools and a communications consultant, freelance writer, advocacy journalist, and director of the Education Opportunity Network, a strategy and messaging center for progressive education policy.  Follow him on Twitter @jeffbcdm. Produced by Our Schools Supporte...

Trip? or do you think it is more do with his opposition to a key trump administration point of view which is privatizing the va? >> i think it is all that. this is the war surrounding the va that started years ago and will probably go many years into the future. you've reported on these issues at great length. this is always a fight about the central role of government. should va be expanded or should it be put into the private sector at a greater degree. that's the question that president trump has never answered. he didn't answer it on the campaign. he hasn't answered it now. does he support...

Instagram added a new feature that lets users poll their followers when trying to make a decision. for instance, betty devos wrote which one, a pear or a banana? eric trump wrote who am i, don jr. or eric? and finally president obama wrote miss me yet? >> that was some late night laughs curtesy of jimmy fallon. let's get a check on the stories you'll be hearing about in the day ahead. vice president pence heading to florida for an update on recovery efforts from hurricane irma. he'll meet with officials in orlando in that briefing. he'll also meet with members of the puerto rican community at ...

And the president of the united states, a republican, gives her a campaign ad. flies to north dakota where she can say i'm the middle person trying to bridge the japan. >> a >> -- gap. >> she barely won, i think she won something like 3,000 votes. >> only democrat to win state wide in north dakota. >> she has played this very smartly, she's voted for all of his cabinet, nominees, except betty devos, this is brilliant for her, i think on donald trump's part, she's going to need a lot of those trump voters and essentially ticket splitters to win. >> is it a kblublunder? the president is a very g...