For the Housing Crisis that lead to the Great Recession, interest rates on mortgages were artificially lowered and a lot of people were encouraged to buy homes that they couldn't afford. This created a demand for more homes and the prices of homes increased. Eventually that caught up with us all.
For the Tuition Crisis, interest rates on tuition loans were artificially lowered and time was extended to repay those loans, artificially increasing the demand for college loans, which has increased the cost of college tuition, making those low interest loans more expensive. When those students graduate, they can't get a job to pay back those loans.
Won't we just end up in the same boat with the same problems?
Read more: Economically, how is the housing bubble of the 2000's different than the tuition bubble of the 2010's?
