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Reply to "WTF? Govt rewarding bad behavior Part II"
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[quote=Anonymous][quote=Anonymous][quote]We realize that the money we put away for them will penalize them when it comes time to applying for aid.[/quote] Jesus, this again? Yes, students with resources to pay for college (especially significant resources) will receive less need-based aid than students without those resources. How is this even remotely controversial? [/quote] Read below. Because the way the federal aid/student loan programs have been operating...they will encourage individuals to take on larger and larger amounts of debt and tuition will continue to raise at the steep trajectory it has in the past 10 years because they will continue to provide student loans/financial aid to meet the demand. Financial aid officers are counseled not to advise students to think of applying to a cheaper school or assess their options. Their job is to encourage families to take on more and more debt. It is a business. A shady business. Therefore, those of us paying will end up paying a great deal more in total tuition in coming years as a direct result of these measures.[/quote]
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