There has been much handwringing over Congress’ failure last week to prevent the interest rate from doubling on so-called Stafford college loans.
And OK, maybe Congress should have pressed the “pause” button on interest rates until it figured out what to do about soaring college costs. It had multiple opportunities to do so.
But the reality is that Washington got us into this mess to begin with. And, if tradition holds, Washington is much more likely to make things worse than to get us out.