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Oh that will be good. If you get banks out of the business of providing lower cost loans to students then you are making the private sector less interested.

Another step toward socialism...

The service isn't a bad concept but what to do if a kid pulls a Kerry and manages to weasel out of service after scoring a few paper cuts.

Any means by which the government intervenes in the free market and "makes college more affordable" for those select people who jump through the government hoops only serves to RAISE PRICES of college for everyone, and it hits those who pay full price the hardest.

The main reason college is already not affordable is that there is too much interference with the free market. Colleges are flowing with payments from students who are using "other people's money" and it raises demand and permits colleges to inflate their prices.

Moreover, extra money makes colleges able to separate from their main mission, undergraduate education, because they do not have to depend on undergraduate tuition and fees so much. Also, it enables them to be more wasteful building monuments to idiocy and spending $50,000 to bring in famous communists to "address" the students, etc.

When government by force (taxes) takes our money and refuses to give it back unless we toe its unconstitutional line and meet its unconstitutional requirements, that's stealing. Government get out and let the free market balance higher education.

Fascism and Socialism and Communism (all functionally the same) gain their footholds by hook and by crook through all kinds of sleight of hand that fools even well intentioned people.

And the Dims had the gall to accuse Reagan of "voodoo economics"????

I hope that a bunch of those students he was talking to are either economic or math majors, and read his "plan".

I also hope they notice that those who have already graduated also qualify, thus putting those grads into competiton with new students for the "tuition funding"!

I would also love to know what "sustained, part time effort" is defined as, in terms of hours/year to qaulify for the the "up to" $2,000/year. Is he talking LESS than they could earn at a regular job? Less than minimum wage, even?