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Federal student aid (Pell grants and subsidized student loans) encourage this trend, because student "need" depends on college prices. The Federal government sh
by Bostonian 5y ago
Federal student aid (Pell grants and subsidized student loans) encourage this trend, because student "need" depends on college prices. The Federal government should declare that student need will be calculated on a maximum fee for tuition and housing of say $50K per year. Colleges could charge more than that, but students would not be eligible for larger federal grants and loans because college costs exceeding $50K.