This is in response to the discussion here of student loan forgiveness.
From here:
"Most low-income students attending full time, full year (86 percent) received some financial aid, and the average amount received by low-income students (calculated including those with no aid) was about $6,100."
So why not:
- Keep and maybe increase Financial aid.
- Prosecute lenders and schools that commit fraud.
- Get the government completely out of the lending business.
- Probably too many students are going to college reduce the acceptance rates to state schools.
BTW the trades do not always require any schooling beyond high school and can be very lucrative. It's often much more lucrative to be one of the smartest plumbers around, who can run a business, than an average person in a job that requires a college degree.
Also, tuition rates in state schools is a state issue but with more financial aid maybe it should be higher, that is the affluent should pay the full costs of college, which BTW are amazingly high. Spending on college by states and students can and should be cut. Florida spends much less per student year than most states and so there is a model to follow.
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