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re: Barack Obama cracks down on for-profit colleges: Why do it this way?

Posted on 3/14/14 at 9:20 am to
Posted by dante
Kingwood, TX
Member since Mar 2006
10669 posts
Posted on 3/14/14 at 9:20 am to
quote:

gov. backed student loans
If we have government backed student loans, why do we need Pell Grants? The really really poor get to go for free, but the moderately poor have to get a loan? Makes no sense to me.

Also. an interesting note from wiki:
quote:

For the 2010–2011 school year, 7 of the top 10 colleges by total Pell Grant money awarded were for-profit institutions.[5]
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