Colleges Should Teach Students How to Borrow Wisely

Saturday nights are prime time on a university president's social circuit, so it was an unexpected pleasure to be home on a weekend recently, watching our men's basketball team get a big win on national television. Even more unexpected, though, was a commercial that aired during the game, offering student loans to young potential borrowers.

It was jarring, like the first time a personal-injury lawyer beamed into my living room pitching his services, or an on-screen stranger suggested

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