January 16, 2009

Students Deserve a Bailout, Too

By JEFFERY SIMS

As we leave 2008 behind us, it is hard not to reflect back on what has been a tumultuous year in the financial world, culminating in scandals and bailouts. In 2009, we can probably expect not only more financial upheaval, but also further attempts by state and local governments to stem the all-but-fated turmoil. But in all the talk of bailouts, of embattled homeowners, and the transfers of public funds intended to prop up various failing institutions, it seems that we are overlooking another