How Government Guaranteed Student Loans Drive up the Price of Higher Education

I've read a number of financial blog entries over the past year discussing what is the most cost effective way to attend college. Most offer pretty good advice on this subject. However, few dare to speculate why college tuition is so high in the first place. Listen to this interview as Peter Schiff talks with a student who ran up a $200K bill attending Northeastern University to major in sociology. Schiff wastes little time in getting at the root of the problem.