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Reply to ""A Cheap, Race-Neutral Way to Close the Racial Wealth Gap.."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If they would let more kids go to college for free it would lift many kids out of poverty instesd of into debt.[/quote] Exactly. $50K doesn't pay for 2 years of a public university or even for 1 year of most private universities. Federally-subsidized student loans cap out at about $8K/year, I believe, then you have to borrow at regular rates. Which low-income kids won't be able to do. Black kids are going to look at this and go, thanks for nothing. If the federal government made much more grant aid available, that would help a lot more low-income kids in a very real way. [/quote] The low income grants are the Pell grants to be used at accredited institutions and yes, expanding them would do a lot more good for a lot less money than just handing out 50k checks. [/quote]
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