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If You Do The Same Thing And Expect Different Results...

Student Loans

Jacquelyn Martin / AP Photo

Wasn't more debt at cheaper rates the necessary condition for the mortgage crisis? Why then does President Obama imagine that more debt at cheaper rates is the solution to the student loan crisis?

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About the Author

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David Frum

David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. He is the author of eight books, including most recently the e-book WHY ROMNEY LOST and his first novel Patriots, published in April 2012.

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