I'm pretty sure it will be free for the people who the colleges already subsidize and not for the donut hole families. |
I'm pretty sure there would be free options for everyone, but the donut hole families will want to go to the "better" schools that aren't free and feel pissed because they are financially out of reach except to talented poor kids and less talented rich kids. (And I say this as a donut hole parent who came from working class roots--we get a lot of advantages that middle class and working class families don't--we overwhelmingly get all the tax benefits of 401ks, back-door IRAs, 529 plans, HSAs etc.) |
A big part of her proposal is expanding pell grants, which are available to donut hole families. |
In many cases it will be both less talented poor kids and less talented rich kids. I can afford to send my kid to an Ivy, but I understand why donut hole families feel left in the cold. There should not be federal loans available to attend schools that over inflate tuition costs and maintain huge endowments. The availability of federal loans/grants at these institutions is what allows them to keep increasing the prices. |
Most analysis don't see this as primarily the case, especially at private elite institutions. |
What kool aid have you been drinking? The only way this happens is if taxes rise substantially that it's a moot point. Odds are the donut hole families get clobbered even more. |
Yo! Goof ball—that PP was making a joking reference to the “free” aspect. |
what do "most analysis" see as primarily the case? |
| $70,000+ per year is the 'Prestige Pricing' trend. Colleges that charge any less will be seen as a 2nd or 3rd tier colleges. |