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College and University Discussion
Reply to "s/o If you didn't attend or apply to a top college because of the cost..."
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[quote=Anonymous]48. At that time a big chunk of "financial aid" was loans. My cousin got into UPenn a couple of years later, and her parents had to take $10K/year loans, even though their HHI income was around $60K. OP, if you are interested in how the student loan situation that we have now came to be, read the book The Debt Trap by J.Mitchell. He is a WSJ reporter, and the picture his book paints is not pretty. [/quote]
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