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College and University Discussion
Reply to "Donut hole reality "
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[quote=Anonymous][quote=Anonymous]30-40 years ago people did cash flow college educations. No one “saved from birth” to send multiple children to college. Why did that change? When did financial aide mean here you go - take out loans? And once the student maxes out their allotted loan amount - here are special loans for the parents? Why do colleges enable this?[/quote] You need to educate yourself. The colleges were enable to raise tuition to astronomical levels when the federal government expanded federal student loans. Read up on Al Lord the former CEO of Sallie Mae who is now confessing that his actions have left him appalled by his grandchildren’s tuition bills. [/quote]
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