Government student loans and grants are simply handouts to the education industry

from Maggie's Farm by nospam@example.com (The Barrister):

Government student loans and grants are simply handouts to the education industry:
Growing Pell-Mell - The government’s program to help low-income students is out of control:

There are two major problems with the program: Not only has it expanded to cover more than half of all students, but almost anyone—regardless of academic background—can qualify. Recipients must meet only a minimal academic standard: obtaining a high school diploma or the equivalent. There are no minimum SAT scores or GPAs.


Consequently, many grant recipients go to college but flunk out or lose interest, often going deep into debt at the same time.

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