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Financial aid programs began so that deserving students could get to college and afford to do so without requiring extended family support. Not too surprisingl
by readthenotes1 1y ago
Financial aid programs began so that deserving students could get to college and afford to do so without requiring extended family support.
Not too surprisingly, the perverse incentive of government aid to school administration and loan brokers has made college nearly unaffordable for all.
And of course, boomers cut the tax subsidies to schools once they are out so that even without the administrative bloat, tuition would be more expensive for those who came after