A phoenix has risen from the ashes of the Occupy movement. As anger over the housing crisis wanes, protesters have returned home from their camps to find student loan bills — one trillion dollars’ worth. Ironically, it is now they who are looking for government bailouts — and from a hole that government essentially put them in.

The impending student loan crisis, like the recent housing crisis, is born of government meddling, and promises to have similar results. But with the students, the coming bankruptcies will be much worse.