


Big 3 Auto Bailout (2008)
A College Primer From Schiff

Not long ago I got into it with the YouTube investment wizard and U.S. Senate candidate Peter Schiff over college loans and the ever-increasing price of tuition. The impish Schiff - who predicted the current economic collapse - hit me with a simple explanation to a question I cannot find an answer for: It's the government's fault for handing out so much money through loans and grants. No government bailout, Schiffian logic goes, no inflated tuition. "College should not be so expensive. It's the biggest recession since the Great Depression. How could college prices go up?" Schiff asked me when we talked after our dust-up on WFSB's "Face the...