The federal government needs to get out of the student loan business altogether. How’s this for a common sense, simple idea: people who want to pursue higher education can figure out for themselves how to finance their endeavor. There are lots of possibilities out there but the federal government should not be one of them.
Absolutely. If a college or university feels that a particular person is worthy of a degree from their school, then let the school fund the cost of the degree upon such terms as they feel just whether by loan, grant, scholarship, work study, etc.