This seems like a bad idea.
The Federal Reserve on Tuesday rolled out a much-awaited $200 billion program to spur lending for cars, credit cards, education and small businesses.
The problem with easy credit is that it makes people spend more when they still have the same income. I am pretty sure part of the reason tuition costs are so high is that it is very easy to get student loans, and it is very easy to forget you have to re-pay those loans at some time. This program is very likely to lead to another round of financial problems down the road, both for people who take out a loan but never graduate from school and people who buy a car they really cannot afford, plus anyone who goes a little crazy with credit cards. It is time to put an end to the debt based economy, yeah it will be painful but at least it will be over once and for all.