If the government, who controls the student loan industry now, gives you a ‘free’ education, you will be in bondage to the government for the rest of your life. And this is how they plan to meet the demands socialized medicine creates. This is their answer to the problem they are creating with Obamacare.

◼ What is Charlie Rangel really saying when he says ‘no reason a young person should have to pay for college’? - The Right Scoop

...So basically what he’s saying is that if America needs more doctors and nurses, the American taxpayer should subsidize their education as an incentive. Yeah. Because with all the doctors and nurses leaving over Obamacare, we are going to need more doctors and nurses....

This is why they took over the student loan industry.

◼ OBAMA’S HIGHER ED PLAN — A POWER GRAB, NOT A SHAKE-UP - Paul Mirengoff/Powerline

President Obama has announced a plan that he claims will make “college more affordable, tackle rising costs, and improve value for students and their families.” The key elements of his plan are (1) a federal college-rating system that will evaluate colleges on measures such as graduation rates, the number of low-income students served (i.e., the percentage of Pell Grant recipients), graduate earnings, and affordability and (2) the tying of federal student aid to this federal rating system by giving larger Pell Grants and lower student-loan interest rates to students who enroll in colleges that fare well on the federal scorecard....

President Obama has announced a plan that he claims will make “college more affordable, tackle rising costs, and improve value for students and their families.” The key elements of his plan are (1) a federal college-rating system that will evaluate colleges on measures such as graduation rates, the number of low-income students served (i.e., the percentage of Pell Grant recipients), graduate earnings, and affordability and (2) the tying of federal student aid to this federal rating system by giving larger Pell Grants and lower student-loan interest rates to students who enroll in colleges that fare well on the federal scorecard....

While the first elements of Obama’s plan is merely unnecessary, the second element — tying federal assistance to the federal rating system — strikes me as pernicious. First, I doubt the federal government’s ability to rate colleges with sufficient accuracy to justify attaching monetary consequences to its ratings.

Second, Obama’s plan will increase the federal government’s ability to coerce colleges into embracing even more fully a left-wing agenda — e.g., discriminating against whites in admissions and hiring, unfairly disciplining male students based on flimsy allegations of sexual harassment, and so forth....

Finally, I see little reason to believe that Obama’s plan would meet its alleged purpose of reining in college costs. Obama is not talking about reducing federal subsidies to colleges and universities as a whole; he’s talking, it appears, about redistributing them.

◼ Federal College Scorecards: A Step in the Wrong Direction - National Review

◼ Richard Vedder: The Real Reason College Costs So Much - Allysia Finley/Wall St. Journal

◼ Obama State University: The President blames colleges for the result of government subsidies. - Wall St. Journal Editorial

"We've got a crisis in terms of college affordability and student debt," said Mr. Obama, without a trace of irony at the State University of New York at Buffalo. The same man who three years ago forced through a plan to add $1 trillion in student loans to the federal balance sheet over a decade said on Thursday, "Our economy can't afford the trillion dollars in outstanding student loan debt, much of which may not get repaid because students don't have the capacity to pay it."

Naturally, the President blamed somebody else and demanded more authority over higher education.