re: I could consider a LIMITED student loan relief program, under one condition: Fix it.

quote:

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Johnny is at LSU. He receives a Pell Grant of $6500 and a $10000 scholarship. LSU tuition, room and board costs $25,500. If he meets SAP, he can borrow $7300 a year. That's it. He or his family will have to come up with the other $1800

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Here's what's stunning about that paragraph. 30 year ago when I was in school, tuition was about $1,800 per semester. So we've added all this "free money" and the amount paid out of pocket is... about the same. Except now there's a whole not more money being funneled into the university courtesy of the taxpayers.

Almost dollar-for-dollar the increase in price (notice not cost) has gone up by the subsidy available.

We'd all be better off paying for this isht ourselves.