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I am glad you support the idea of making the poor pay less than those that make over 180K a year. BTW, that is socialism!
Call it what you want. There's nothing wrong with the private sector managing their own money in a manner where certain contributors help out more than others for the greater achievement of higher education.
It only becomes a problem when the public sector does it with taxpayer money.
Call it what you want. There's nothing wrong with the private sector managing their own money in a manner where certain contributors help out more than others for the greater achievement of higher education.
It only becomes a problem when the public sector does it with taxpayer money.
But, the federal loans go to the private school and these loans are easy to get and that is why many students choose high priced private schools. You should have seen the students cafeteria, it was like a high end private country club.
Dude, it is a business fueled by federal money and by students that believe an education in these colleges will open doors.
Your solution is not to get loans or not go to that college. But that is like a doctor telling a patient to hold his desire to have a BM so the diarrhea goes away. We need solutions to this form of crony capitalism.
What college was that?
How did you get such a discount?
My last daughter received a 50K discount for four years, but the tuition was still over 30K per year and she only qualified for student loans which have a high interest. The program was so bad that they tried to collect money every summer and winter break because they thought she was not enrolled anymore. So every year we had to send a letter from the University. After two years of crap I paid the loans and used my savings to pay for her schooling.
In retrospect, it was all a scam!
I attended Princeton University. They pretty much covered everything. They didn't have the no-loan program back then but nowadays if you qualify for any loans, the school gives you grants for the amount of the loan so you don't have to take the loan. My first two years, I actually have surplus money because I landed an NSF grant and the associate dean used the university portion to fund some of my campus expenses.
I attended Princeton University. They pretty much covered everything. They didn't have the no-loan program back then but nowadays if you qualify for any loans, the school gives you grants for the amount of the loan so you don't have to take the loan. My first two years, I actually have surplus money because I landed an NSF grant and the associate dean used the university portion to fund some of my campus expenses.
I don't feel scammed.
Most folks do not get admitted to Ivy League Schools. And things have changed since you went to school.
But, the federal loans go to the private school and these loans are easy to get and that is why many students choose high priced private schools. You should have seen the students cafeteria, it was like a high end private country club.
Dude, it is a business fueled by federal money and by students that believe an education in these colleges will open doors.
Your solution is not to get loans or not go to that college. But that is like a doctor telling a patient to hold his desire to have a BM so the diarrhea goes away. We need solutions to this form of crony capitalism.
Like I said, many of the decent schools don't accept federal loans (or any loans).
" There are no loans included in a student’s financial aid award. All dependent undergraduate students eligible for financial aid at Penn receive these all-grant aid packages, regardless of family income level.
This all-grant program represents Penn’s strong commitment to increase access for qualified students from all economic backgrounds."
Like I said, many of the decent schools don't accept federal loans (or any loans).
" There are no loans included in a student’s financial aid award. All dependent undergraduate students eligible for financial aid at Penn receive these all-grant aid packages, regardless of family income level.
This all-grant program represents Penn’s strong commitment to increase access for qualified students from all economic backgrounds."
Wow, I am impressed! I think every single college in America should copy Penn State. Therefore, Bernie Sanders is not as crazy as some people think.
BTW, I am an independent and also like Trumps ide of the WALL and Universal Health Care. Another good thing about Trump is that he knows congress is in the pocket of the BIG DONORS OF CASH.
Wow, I am impressed! I think every single college in America should copy Penn State. Therefore, Bernie Sanders is not as crazy as some people think.
BTW, I am an independent and also like Trumps ide of the WALL and Universal Health Care. Another good thing about Trump is that he knows congress is in the pocket of the BIG DONORS OF CASH.
That wasn't Penn State.... and now I'm a bit concerned.
Schools are already providing these generous plans without government intervention. It's a sign that higher education doesn't need government intervention (including it's existing financial aid programs).
Obviously you don't understand the basics of loans. The reason why bankruptcy does not apply to student loans is because the loans are not risk-assessed and are not collateralized. I'm with you and think that student loans should be risk-assessed and that not everyone who gets accepted into any program should be allowed to take out loans.
Social Security, welfare, GI Bill, public roads. municipal golf courses, parks, assisted housing, disability, free schools from K-12, etc.
Pure capitalism would lead to a revolution and no one wants a revolution. The more success capitalism has the greater the social programs it generates.
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