Do you have federal student loans? I do and, if you are anything like me, it sucks. Regardless of being on the receiving end of a loan, the program administered by the U.S. Department of Education is clearly flawed. In fact, one can easily make an argument claiming that because of widespread borrowing, the student loan program was a direct link to the epidemic of ever-rising tuition rates in American higher education. Millions take out multi-thousand dollar loans from institutions that have to comply with federal standards to allow such things and the end cost is a steeply subsidized environment. With the popularity of Federal subsidized loans, in effect, could corroborate the increase of higher education tuition prices by astronomical rates. The Federal Reserve Bank of New York conducted a study on the subsidization of higher education costs and concluded the darn’dest thing… Costs for tuition increase whenever someone takes out a loan.