The Bull market in college drop outs

When the federal government subsidizes college tuition eventually prices get too high.The new trend is growing numbers of students drop out.

Almost one in three Americans in their mid-20's now fall into this group, up from one in five in the late 1960's, when the Census Bureau began keeping such data. Most come from poor and working-class families.

The phenomenon has been largely overlooked in the glare of positive news about the country's gains in education.

Pell grants may lead you down the road of financial ruin. Great moments in government intervention.New York Times.